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The Company is a global provider of in-home rental and retail movie and game entertainment, with over 8,000 stores in the United States, its territories and 22 other countries.
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pencils2 (99.75) Submitted: 8/14/06 6:57 PM : Start Price: $3.62 BBI Score: 33.74
It is clear Blockbuster is losing track of what they can do for future results and stability, in my opinion. I've been in their rental stores, and it is just a terrible atmosphere, terrible selection, and just a junky feel to it. No wonder they are getting desperate to get more action at their rental stores...
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pencils2 (99.75) Submitted: 10/25/06 11:17 AM
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And now Netflix is producing excellent results, even with the "competition" of Blockbuster. BBI is getting more and more hopeless, because they are simply trying to do what Netflix does, and if you have to copy your main competitor, that's a bad sign. Their stores aren't going to last, even if they somehow correspond the DVD-by-mail with them. People prefer to have a movie delivered to their home, and Blockbuster is going to have to accept that someday in the future.
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TDRH (99.98) Submitted: 3/28/07 9:50 AM
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I agree with what you are saying, but also share in your pain with the overall market response.