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Say goodbye to Blockbuster

It looks like the bottom has finally fallen out of Blockbuster. After numerous failed attempts at attracting new customers, the company is finally spiraling out of control.

Sad as it is, the end is near for Blockbuster, and all that pressure it has been placing on Netflix will be lifted.

And in the end, Netflix will be left standing to fight another day.… Read more

Netflix playing hardball with subscription pricing [UPDATE]

Update: Representatives from Netflix have let us know these lower-priced plans are part of a test for selected Netflix subscribers, and the current prices that were lowered last month remain for new and existing customers.

Netflix is cutting the price of two of its most popular plans by $1 today, less than a month after its last cut in July. The pricing hasn't been changed on Netflix's rates page, but the company has been sending out rounds of e-mails to its customers about the change since last night, and made an announcement about it earlier this morning. The … Read more

Blu-ray v. HD DVD: Where do we stand?

The expected next-generation DVD format war isn't quite the deadlock many expected.

Target's announcement Thursday that it would sell a Sony Blu-ray player in its stores alongside Blu-ray discs in a special feature promotion is important because the second-largest retailer in the U.S. doesn't sell HD DVD players in its stores, outside of the external HD DVD drive made for Microsoft's Xbox 360. It does sell a Toshiba HD DVD player on its Web site, however.

When the battle between the competing optical disc formats--HD DVD and Blu-ray--began brewing last year, analysts predicted protracted trench warfare, … Read more

Target jumps on Blu-ray bandwagon

First Blockbuster, now Target's going Blu-only. Or at least that's what it appears from an AP report that was filed late yesterday. According to the story, "Target Corp., the nation's second-largest retailer, will start selling a Sony Blu-ray high-definition DVD player during the critical holiday shopping period and feature the player along with Blu-ray discs in store displays, dealing a potential blow to the rival HD DVD format."

The story goes on to say that the move will formally be announced Thursday and is designed to help cut through the confusion that's kept consumers … Read more

Future Implications: Netflix - The Next Monopoly

Just last year, Netflix announced that it owned a patent on its business model and sued Blockbuster for patent infringement.

Why would a company like Netflix -- the proven leader in the "mail me" renting business -- decide to pick on a company who was doing all it could to stay afloat by trying the same business model? Because Netflix smelled blood and business is business. Without Blockbuster nipping at its heels, Netflix would not only be able to rule a business model that will take us into the next decade, it would be free from any significant … Read more

Netflix partners with NBC for web content

NBC announced on Tuesday that they will be distributing an internet TV show through Netflix' new Watch Now system. In case you didn't catch the news about Watch Now, Netflix now lets subscribers watch select movies via a video player on the Netflix website instead of having to wait for them to come in the mail.

While it is cool that NBC is doing a web series for Netflix on classic movies, that really is not the important part of this news. This is not the first time that Netflix and NBC have worked together. In the past, NBC … Read more

Blockbuster courts rogue Netflixers...again

In the face of the juggernaut that is Netflix, lagging movie rental giant Blockbuster has tried many an incentive to convince viewers that it's no dinosaur. Since entering the online DVD rental business in 2004, Blockbuster has instituted "Total Access," a system of online-and-offline rentals geared toward Netflix users who may be disgruntled by the fact that they can't just hop in their cars and pick out movies on the fly.

This week, Blockbuster is taking a sharper jab at Netflix. With the President's Day long weekend underway, the rental company is attempting to capitalize … Read more

Guided tour of Netflix Watch Now service

Netflix has fleshed out some details of its newly announced movie download service. The Watch Now instant viewing service is scheduled to become available to all Netflix subscribers by June. It will launch with just 1,000 titles (movies and TV shows), but the selection will expand thereafter--slowly but surely--to encompass as many of the 70,000-plus titles in the Netflix database as possible. The online viewing feature will be a free addition to existing accounts, with subscribers getting a monthly allotment of online viewing time based on their subscription level. For instance, an $18-per-month plan (three DVDs out at … Read more

Blockbuster Video: Going, going, not gone

A few weeks ago, I noticed my local (Brooklyn, N.Y.) Blockbuster Video store was closing up shop. No big deal. These things happen all the time, especially with the sky-high rents charged for commercial real estate here in New York City. But when I saw that two other nearby Blockbusters were also shutting down, my interest was piqued. Some quick googling revealed that the closures weren't limited to Manhattan and Brooklyn: at least 16 stores in northern Michigan were also shuttered in recent months. And who knows how many were closing without the news hitting the local papers. … Read more