Blockbuster's management deserves a great deal of credit for this brilliant move. I was so taken by it, in fact, that the day I heard about it I sold all of my Netflix stock (for a gain of 80%, with which I am quite satisfied). Since then, the stock has bounced around, but has yet to pass the price at which I sold it... displayed 300 characters
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Since then, the stock has bounced around, but has yet to pass the price at which I sold it.
By the way, while I sold my Netflix shares, I have not personally switched to Total Access. Blockbuster's selection is too mainstream for me - I prefer independent and foreign films, and Netflix offers a superior selection of these, at least for now... displayed next 300 characters
? Subscription-style e-commerce service- low monthly fees enables Netflix to compete with Blockbuster
? Established leader in the growing Home Entertainment Market and Internet
? Less overheard compared to video rental stores- no storefront means- less employees are hired...
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