Wednesday, September 16, 2009

Just in case you don't think the movie rental marketplace is changing

Link to September 15 AP story, "Blockbuster may close as many as 960 stores".

According to the article, that's a 20% "bricks-and-mortar" reduction.

But Blockbuster isn't sitting on its hands. It currently has 500 kiosks in operation and hopes to have 10,000 by the middle of next year. The company is obviously feeling the hot breath of Redbox breathing down its neck.

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