Blockbuster Cuts Service Price Again
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Blockbuster Inc. is cutting the cost of its monthly online rental service, the latest salvo in a price war with Netflix Inc. and Wal-Mart Stores Inc.
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Video retailer Blockbuster Inc. will lower the subscription price of its online DVD rental service to $17.49 a month in October, undercutting a similar move by rival Netflix Inc.
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Blockbuster gears up for an ill-fated digital download service.
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Blockbuster Inc. BBI.N on Wednesday  posted a quarterly operating profit well below analysts'  estimates even before $1.5 billion in one-time charges, as it  faced falling movie rental demand and higher costs to counter  competition.
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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. 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. 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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As part of a special promotion, Blockbuster has cut prices again. But will it be enough?
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Another Blu-ray player price cut is on the way.
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NEW YORK -- Faced with growing competition in the home video market, Blockbuster addressed its No. 1 consumer complaint Tuesday, saying it will end late fees on rented videos and games in January.
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Cutting prices at Netflix is a sequel you don't want to see.
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Blockbuster Inc. , the No. 1 U.S. video rental chain, reported lower quarterly profit on Tuesday due to store closures and higher costs associated with growing its online business.
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Blockbuster will rent high-definition DVDs only in the Blu-ray format in 1,450 stores, dealing a major blow to the rival HD DVD format.
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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 continues to take baby steps away from Total Access.
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Blockbuster Inc. BBI.N on Wednesday  posted a quarterly profit well below analysts' estimates even  before $1.5 billion in one-time charges, as it faced falling  movie rental demand and higher costs to counter competition.
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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.