The last days of Blockbuster.

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Reckoner

Lifer
Jun 11, 2004
10,851
1
81
Originally posted by: Sphexi
What people don't get is that it doesn't matter if one or two stores do well, or if your local store is "always packed", they are LOSING MONEY, hand over fist. They used to make a lot of money off late fees, no more. Every copy of a new movie that they buy to rent costs them almost $100, sometimes more, and then they have to turn around and rent it 60-100 times just to break even on that individual tape. That doesn't leave a lot of room for profits, expenses, all that.

Individual stores may be doing alright, but as a whole the company is dying, and if the company goes under, the stores will all close up, no matter how well they seem to be doing.

They don't pay $100 per DVD, where do you get these numbers from? Thin air?