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Companies focus on DVD rentals

13 September 2001 13:41 by Petteri "dRD" Pyyny | 1 comment

Big retailers have made steps towards stronger positioning on DVD rentals in U.S. Blockbuster recently announced that they will cut the number of VHS movies available for rental and focus more on growing DVD markets instead. Blockbuster will take $450 million charge because of this move.

Also, consumer electronics retailer Best Buy has announced a co-operation with online movie rental company Netflix.com. Best Buy will offer co-branded version of Netflix's monthly rental scheme, where consumer gets unlimited number of rentals for $20/month.

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Related articles:

  • Netflix to test Video-On-Demand service (22 September 2004)
  • Online DVD rental service from Blockbuster (15 August 2004)
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    jasbo (Newbie) 26 March 2003 23:16 Send private message to this user   
    For all you guys out there who want to be self-employed this may be a good option to consider. Many video rental shops are geared 80-90% towards vhs when more than 10-20% of consumers own dvd players.
    Nice oppourtunity to start your own buisness and gear it 60-70% towards dvd rentals and 30-35% VHS rentals and then 3-5% game rental.
    [ + quote]
     Post your comment
     

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