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Blockbuster's Offensive Against Netflix Flops

Posted by ryuzaki0 on from the can't-stop-the-wheel-from-turning dept.

bigtallmofo writes "With over four million subscribers, Netflix was an obvious target for rival Blockbuster. In 2005, target them they did. Introducing their own DVD-by-mail service and (for a while) undercutting Netflix's price point, Blockbuster went for the jugular. A year later Netflix shows a market value of $1.5 billion with no debt compared to Blockbuster's $684 million worth with $1.0 billion in debt. Is there still a DVD-by-mail war or has Netflix won?"

3 of 302 comments (clear)

  1. Re:well-positioned for downloadable movies... by lasmith05 · · Score: 0, Redundant

    There you go! That's exactly what i'm talking about. :)

    --
    www.samuraidreams.com - My Blog
    www.samuraifiles.com - Get Some Videos Here
  2. old news by Anonymous Coward · · Score: -1, Redundant

    miss the front page stories on digg yesterday? dont worry, slashdot to the rescue!

  3. United States by Anonymous Coward · · Score: -1, Redundant

    The US is eyeball deep in debt thanks to dubya.. they're still top of the heap. Or maybe not?.... Time will tell.