Blockbuster soon will be file a bankruptcy

United States
September 8, 2010 4:42am CST
From news and gossip, Blockbuster soon will file a bankruptcy. I guess that is what happening with an innovative market economy. The launch of Netflix and Red Box really are the forces that changing this economy for our consumers to have better options and cheaper choices. We have to see the change of this market beforehand somehow. Like Netflix, somehow they might see their mail - in - order DVD business might soon to be over, they invested heavily on online movie watching base the subscription fee of $9.00. Also, Google will follow suite on the same model with its launch of on - demand movies on youtube. With the popular of internet technology, we have to follow the change of this market to survive.
1 response
@kittenclaus (1393)
• United States
8 Sep 10
With prices like redbox has it's no wonder. New releases for 1.00 you can't beat that. I've not been to blockbuster in forever. I'm sorry for all the people who will lose jobs because of it but they should have done something to compete.