Quote:
Originally Posted by Rausch
I don't know. Look how down music sales are now that you don't need to purchase a physical product to have the merchandise. I'd bet that Blockbuster has more brand name recognition than any other renter but they've also got the ancle weight of their product renting less and less on the shelves.
Netflix seems to be growing as needed while BB has to cut/shrink as needed.
On the other hand if they can adapt well and dominate the way they did in the brick-n-mortar stores $3 stocks now are a steal...
|
Very good points. I will say that I think Netflix, Redbox, etc have taken their toll on Blockbuster by now. Anyone that wants to rent movies that way probably does it at this point. Also, Blockbuster's largest direct competitor, Movie Gallery, recently declared bankruptcy and will close 900+ stores this year.
Let's hear some more recommendations.