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Originally Posted by GTS Mark
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Redbox is going to put a hurting on both of them.
Netflix has been around a long time and eating at Blockbuster's bottom line. I remember netflx back in 03/04. Netflix had over a million members way back then. They prompted blockbuster to try sending dvds through the mail. Walmart also got involved and failed.
Redbox is going to put the nail in the coffin for Blockbuster. I heard blockbuster is going to try to do kiosks now . They always a day late with trying to keep up with the competition. Redbox already has a lot of the marker cornered for that.
Now if netflix can get everyone to subscribe and watch movies via the net and successfully ditch the by mail shit, then ultimately they will put an end to the kiosk boom that is happening right now.
Will be interesting to see how it plays out. Hard biz to get into with technology moving so fast and such a large upfront investment. In same cases your shit is obsolete before you have a chance to make your investment back.