Blockbuster to start offering $0.99 DVD rentals come January

[Q]

Blockbuster, world's largest video rental chain, will offer 99-cent DVD rentals starting in January to attract customers during this economic slump.

Since market conditions have made it difficult for Blockbuster to enact new bank credit, the retailer is also renegotiating leases for a third of their 7,000 stores.

Blockbuster also has had to deal with a market of downloadable videos, movie rentals by mail, and differing price points based on number of days DVDs are rented.



Securities analyst, Edward Woo, seems to think this new pricing scheme--to bring in more traffic--could work to help Blockbuster weather through this tough time.

Blockbuster will also cut spending by taking a step back on remodeling efforts of its stores. This year, it remodeled 600 stores.

Now that you can order pizza on your TiVo!, are 99-cent DVD rentals really an incentive to get into your car and get that movie you want to watch?

After all, it is winter now..and that lumpy couch is oh so comfy.

Link

 

[HardcoreRobot]

2L2L

 

[fire400]

netflix will always be better than blockbuster in my opinion.

 

[finite automaton]

Redbox > Blockbuster

 

[TallBill]

I wouldn't go to Blockbuster if the rentals were free.

 

[venkman]

Originally posted by: HardcoreRobot
2L2L

2F2F

 

[GagHalfrunt]

Originally posted by: HardcoreRobot
2L2L

Yep. This might postpone the inevitable and help them survive a little longer, but the handwriting is on the wall. They're doomed. If the people don't want what you're selling it doesn't matter how cheap it is.

 

[Shadow Conception]

Originally posted by: finite automaton
Redbox > Blockbuster

 

[newb111]

Originally posted by: Shadow Conception

Originally posted by: finite automaton
Redbox > Blockbuster

At the same price, blockbuster is better for the selection. But obviously, their whole stock won't be $.99, so redbox still wins for price.

 

[Testify]

I shredded up my Blockbuster card months ago.

 

[CraKaJaX]

Originally posted by: fire400
netflix will always be better than blockbuster in my opinion.

 

[CalvinHobbes]

If the entire store is 0.99 for a rental (besides games) then I would definitely return. I'm guessing this won't include new releases or blu-ray which makes the deal pretty lame.

 

[ebaycj]

Originally posted by: finite automaton
Redbox > Blockbuster

You go ahead and keep feeding the McDonalds corporate machine. I'll keep my netflix.

 

[her209]

While we're at it:
ST:TNG>ST:TOS

 

[tk149]

Originally posted by: her209
While we're at it:
ST:TNG>ST:TOS

Blashphemer!