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Blockbuster to offer 99-cent DVD rentals

submitted on December 9, 2008 by MrCheap in "Sales / Promotions"
NEW YORK (Reuters) - DVD rental company Blockbuster Inc said it will offer 99-cent DVD rentals for the first time to lure customers in tough economic times, and it is also renegotiating one-third of its store leases to cut costs.

"We do have plans in the month of January to more aggressively roll throughout the system a value offer that will include movies in the 99 cents price range," Blockbuster Chief Executive Jim Keyes told the Reuters Media Summit on Thursday.

"The 99 cents plan is targeted at the value-conscious consumer in this challenging economy," he said, noting the company has spent the last year testing various pricing plans.

Blockbuster, which has sought to reposition itself to compete in a market where viewers download videos or receive them by mail, had not yet determined final details of the 99 cents plan, which could include offering DVDs for a day or for several days across various markets.


http://www.reuters.com/article.....DR20081204
 

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  • 12402
    MikeG
    learner
    Posted by MikeG on December 9, 2008 [reply] 0 0
    It doesn't help that they are being crushed by online/ondemand/mail order businesses.

    .99 cents for a new release would be tempting.
  • 12404
    YanBz
    admin
    Posted by YanBz on December 9, 2008 [reply] 0 0
    If you have TiVo you can watch many of the Netflix movies instantly on your TV using the TiVo box

    http://www.engadget.com/2008/1.....s-to-tivo/
  • 12407
    MikeG
    learner
    Posted by MikeG on December 9, 2008 [reply] 0 0
    I wanna get a PC hook it up to the TV and install XMBC..

    http://xbmc.org/
  • 12531
    phunkeey
    teacher
    Posted by phunkeey on December 11, 2008 [reply] 0 0
    And then they'll charge you a bunch of late fees. Boo Blockbuster.
    Has anyone tried those "self-destructing" movie rentals? I've seen them at Staples. They won't work 2-3 days after you open the wrapper.
      12577
    • Solstice
      professor
      1 6 2
      11 4 1
      Posted by Solstice on December 11, 2008
      [reply] 0 1
      They run about $4-5, but they are incredibly wasteful from a materials standpoint. Environmentally they are a horrible idea.
    • 12589
    • LadyZaxxon
      beginner
      Posted by LadyZaxxon on December 11, 2008 [reply] 0 0
      USE THEM AS COASTERS MY FRIENDS.
    • 12608
    • YanBz
      admin
      Posted by YanBz on December 12, 2008 [reply] 0 0
      Still a waste. You can have just as many coasters
    • 12618
    • LadyZaxxon
      beginner
      Posted by LadyZaxxon on December 12, 2008
      [reply] 1 0
      I PUT THEM UNDER THE FURNITURE LEGS SO THEY DO NOT SCRATCH THE FLOORS.

      OTHER USES
      • VANITY MIRROR
      • THROWING DISCS
      • CHRISTMAS ORNAMENTS
      • ICE SCRAPER
      • CHEESE SLICER

      USE YOUR IMAGINATION FOLKS Wink

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