Blockbuster cuts price of online rentals
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Video rental leader Blockbuster cut the price of its online service Wednesday, the latest shot in an escalating price war with Netflix and Wal-Mart.
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Blockbuster Inc. introduced on Tuesday an Internet-only DVD rental service priced below a similar Netflix plan, sending Netflix shares down 9 percent as the online movie rental war heated up again.
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Blockbuster, the largest video store chain, cut the monthly price for online rentals for the second time this year to fend off competition from Netflix.
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CHICAGO (CBS.MW) -- The online video-rental wars are starting to get brutal, as Blockbuster redrew the battle line with a sharp price reduction for its direct-mail service.
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Blockbuster, the video rental company, yesterday said it plans to eliminate late fees as the chain struggles to stem the decline in the film rental market.
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Blockbuster Inc. BBI.N, the largest  U.S. video rental chain, on Thursday said it has contacted  Hollywood Entertainment Corp. HLYW.O about acquiring its top  rival for $700 million.
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Blockbuster Inc. introduced on  Tuesday an Internet-only DVD rental service priced below a  similar Netflix plan, sending Netflix shares down 9 percent as  the online movie rental war heated up again.
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Blockbuster Inc. is in talks  to buy movie download service Movielink, including long-term  contracts with Hollywood's major studios to supply films and TV  shows, for under $50 million in cash and stock, a source  familiar with the situation said on Thursday.
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Film rental firm Blockbuster says it will rent only Blu-ray high-definition DVDs at 1,450 of its US stores.
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Blockbuster Inc. is offering lower-priced plans for online movie rentals as it competes with Netflix Inc. in a market that it said could grow 43 percent this year.
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Online movie rental service Netflix Inc. reported Monday that it lowered its monthly rental fee by $4 in what is heating up to be a price war with video rental giant Blockbuster Inc.
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No. 1 video rental chain says price would be $11.50 cash for each share of Hollywood, possibly more. NEW YORK  - Blockbuster Inc.
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Blockbuster Inc. , the largest U.S. video rental chain, on Thursday said it has contacted Hollywood Entertainment Corp.  about acquiring its top rival for &#36;700 million.
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Blockbuster Inc., the largest U.S.  video rental chain, on Thursday said it has contacted Hollywood  Entertainment Corp. about acquiring its top rival for $700  million.
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Video rental chain Blockbuster Inc.  said on Wednesday it settled a patent dispute with rival Netflix Inc.  that challenged Blockbuster's entry into online DVD rental, but it signaled that the new business was taking a toll on its finances.
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Movie-rental company Blockbuster Inc.   is in advanced talks to acquire Movielink LLC, an  online movie-downloading company owned by the major Hollywood  studios, the Wall Street Journal said on Thursday, citing  people familiar with the matter.
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Blockbuster is offering lower-priced plans for online movie rentals to compete with Netflix.