Blockbuster to Stop Charging Late Fees
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Blockbuster Inc., the world&#39;s largest video rental chain, said Tuesday that as of Jan. 1, 2005, the company won&#39;t charge late fees on any movie or game rental at its more than 4,500 company-operated and franchised stores in the United States.
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Blockbuster Inc., the nation's largest movie-rental chain, said Tuesday it is still interested in buying Hollywood Entertainment Corp., despite its smaller rival's agreement last week to be purchased by another competitor, Movie Gallery Inc., for about &#36;850 million.
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Video chain Blockbuster Inc on Friday said it would lower the price of its online DVD rentals to undercut a similar move by Netflix Inc. that sparked a stock a sell-off of both companies' shares.
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In an escalating battle for online subscribers, Blockbuster Inc. on Wednesday undercut its smaller rival Netflix Inc. by unveiling a lower subscription fee for DVD rentals.
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In an obvious attempt to attract its rival's customers to its own online movie rental service, Blockbuster will let Netflix subscribers with a Blockbuster membership rent movies from its stores for free through December 21.
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Blockbuster Inc, the No. 1 U.S.  movie rental company, began offering free in-store rentals to  subscribers of online rival Netflix Inc. on Tuesday as it tries  to take market share from Netflix and reach its year-end  subscriber goal.
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A patent dispute challenged Blockbusterâs entry into online DVD rental. The company also signaled that the new business was taking a toll on its finances.
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The video giant lowers rental fees again. Sounds desperate.
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Blockbuster has a nice big Christmas gift for movie fans. The video chain is finally dumping its late fees. Forget about rushing back to the store with those DVDs, videotapes and games.
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No. 1 U.S. video rental chain Blockbuster Inc.  said it lowered prices for its online movie subscription plans.
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Blockbuster Inc., the largest US video store chain, cut the price of its online rental service to $14.99 a month to try to fend off competition from Netflix Inc.
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British Gas ditches controversial plans to impose a Â£5 penalty on customers for late payment.
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Blockbuster Inc. BBI.N on Wednesday  posted a $1.42 billion quarterly loss due to a charge, while  profit from its operations slid due to higher marketing costs,  falling rental demand and escalating competition.
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Blockbuster Inc.  on Tuesday said it would eliminate late fees on movies and games in the latest attempt to jump-start a rental business being hammered by competition ranging from online companies to discount retailer Wal-Mart.
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Blockbuster stepped up its battle for customers with rival Netflix on Tuesday by adjusting its online rental prices down.
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A Manhattan federal judge has ordered Visa USA to stop charging a special fee that penalized debit card issuers for jumping to smaller rival MasterCard Inc. , sending the latter's shares higher.
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Blockbuster Inc.  on Wednesday offered to raise its unsolicited bid for Hollywood Entertainment Corp. , but said it was denied access to the rival movie chain's books, making a friendly offer unlikely.