Tuesday, March 3, 2009

These Things Happen Slowly

Blockbuster's biggish box retail movie rental strategy has been under assault for a while - certainly since the pre-Netflix days. I'm old with three kids and can't imagine going to Blockbuster if I don't happen to be in their parking lot anyway.

Netflix's stock surged today as chatter made the rounds that Blockbuster may be looking for a bankruptcy advisor. Blockbuster's stock was down 77% when it was halted.

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