[opendtv] Blockbuster Ready to Launch DVD Service
- From: Monty Solomon <monty@xxxxxxxxxx>
- To: undisclosed-recipient: ;
- Date: Wed, 11 Aug 2004 00:57:28 -0400
Blockbuster Ready to Launch DVD Service
- Aug 11, 2004 12:26 AM (AP Online)
By DAVID KOENIG AP Business Writer
DALLAS (AP) -- Blockbuster Inc. plans to launch an Internet-based DVD
rental service nationwide on Wednesday, a move aimed squarely at
competitors like Netflix Inc., that have cut into the video giant's
store-based business.
The subscription plan will let customers keep up to three movies at a
time for $19.99 per month _ undercutting Netflix by $2. It will offer
five DVDs at a time for $29.99 a month or eight for $39.99.
All the offers will come without late fees, which are a sore spot
with many Blockbuster customers. Blockbuster will throw in coupons
for free rentals in the stores.
Taking a page from the Netflix book, Blockbuster will pick up
shipping charges if customers return the DVDs in specially designed
envelopes.
...
- http://finance.lycos.com/home/news/story.asp?story=43032557
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