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$1.24 0.06 (5.08%)
12/3/2008 4:00 PM

Blockbuster, Inc. (BBI)

CAPS Rating:
*

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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Avatar kurthauer (99.00) Submitted: 3/01/07 4:32 PM : Underperform Start Price: $6.55 BBI Score: 43.74

The whole business plan seems flawed right now a company deep in debt who's primary business is brick and motor rentals is trying to reinvent itself by implementing a program that costing them money. Total Access is great if you live near a Blockbuster and are far away from a distribution center. How many of the "New" Total Access customers that where added where already existing Blockbuster customers? How is the company going to shift profits to the local stores as customers sign up for Total Access? What happens to Total Access being a better program then Netflix if local stores close as customer shift to total access?

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