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Netflix Price Hike Angers Customers, Opens Door for Blockbuster Invasion
Wednesday, July 13, 2011 - 11:49am | 1379Read More..."Noooooooooooooo! I just paid $2 extra to get DVDs!" That was the response one of my colleagues gave when I informed her of Netflix's (NASDAQ: NFLX) devious plans to separate its streaming and DVD services in the U.S. This questionable move comes at a time when the company is soaring. But the next...
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Was Flip Video Really A Flop? (CSCO)
Wednesday, April 13, 2011 - 4:02pm | 392Read More...Earlier this week, Cisco (NASDAQ: CSCO) announced that it would close the division that makes Flip Video camcorders. This news was quite surprising considering the initial success of the Flip Video. The handheld device proved to be a formidable foe in the camcorder industry, garnering 13% of the...
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What Can Dish Network Do With Blockbuster? (DISH, BLOAQ, BLOBQ)
Wednesday, April 6, 2011 - 3:19pm | 820Read More...Dish Network (NASDAQ: DISH) is now the proud owner of a shiny and new – I mean tarnished and old – video rental chain! Isn't it exciting? After dropping $320 million to acquire Blockbuster (BLOAQ) (BLOBQ), Dish is now faced with a lot of choices, most notably: what can be done with the 1,700+...
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Investing In Stupidity (BLOAQ, BLOBQ)
Monday, April 4, 2011 - 5:42pm | 765Read More...It seems that we have traveled back in time. Snow White is coming to theaters. Arnold Schwarzenegger is starring in a new cartoon. Blockbuster Video (OTC: BLOAQ) (OTC: BLOBQ), the once-mighty video rental chain, has gotten the interest of Dish Networks (NASDAQ: DISH), SK Telecom (NYSE: SKM), and...
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More Bad News For Blockbuster
Wednesday, January 20, 2010 - 7:18pm | 101Read More...More bad news for shareholders of Blockbuster Inc. (NYSE: BBI). The company reported late Wednesday that its performance over the holiday season was "well below expectations." Due to the poorer than expected results, the company said it now expects adjusted earnings before interest, taxes,...
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Google Entering Video Rental Market
Wednesday, January 20, 2010 - 6:04pm | 194Read More...Blockbuster (NYSE: BBI) and Netflix (Nasdaq: NFLX) beware. Google is coming. Google Inc. (Nasdaq: GOOG) made an announcement that it has plans to dip its toes in the video rental market by making a limited number of videos available on its YouTube website. Ever since acquiring YouTube in 2006 for $...


