Blockbuster to scrap late fees
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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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Netflix Inc will not cut its price for online DVD rentals to match lower fees set on Wednesday by rival Blockbuster Inc. (BBI.N: Quote, Profile, Research) in an escalating
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Blockbuster Inc. BBI.N 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 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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Blockbuster Inc. introduced a new Internet-only DVD rental service on Tuesday priced below a similar Netflix Inc. plan, sending shares of Netflix down almost 8 percent as the online movie rental war heated up again.
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Standard &amp; Poor&#39;s on Thursday said it may cut its ratings on Blockbuster Inc.(BBI.N: Quote, Profile, Research) deeper into junk, citing the company&#39;s offer to buy competitor Hollywood Entertainment Corp.
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LOS ANGELES (Billboard) - Blockbuster's new "no late fees"  policy is billed as a way to satisfy those customers who rent  movies or games but forget to return them on time.
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(CBS/AP) Blockbuster Inc., plans to eliminate late fees on games and movies as of Jan. 1. But there is plenty of fine print, which suggests that the nation&#39;s biggest movie rental company is still struggling
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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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12/29/04- Blockbuster is stepping up the pressure in its bid to take over rival video rental chain Hollywood Video. Blockbuster says it will present its $11.50-per-share offer for Hollywood Entertainment directly
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Blockbuster Inc., the nation&#39;s biggest movie-rental company, said yesterday that it will eliminate late fees on games and movies as of Jan. 1 - but if you keep them too long, you buy them.
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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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LOS ANGELES  - To the joy of couch potatoes nationwide who resent rushing to the video store to return movies, video rental giant Blockbuster says it will do away with the dreaded 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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Video Giant Blockbuster indicated that it plans to, one way or another, acquire its primary rival, Hollywood Entertainment. Blockbuster says it plans to start a cash tender to buy its rival&#39;s shares if its board refuses to negotiate a takeover.
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DALLAS-Blockbuster Inc. plans to launch an $11.50 per share, cash tender offer to shareholders for Hollywood Entertainment next month in the latest move to acquire its largest competitor.
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Blockbuster Inc.  on Wednesday posted a &#36;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.