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Friday, October 29, 2004

Blockbuster has announced plans to utilize its retail stores to deliver DVD
rentals to homes starting next year, rather than relying solely on central
distribution centers. The move signifies growing competition with other online
DVD rental rivals such as NetFlix and Wal-Mart; both Blockbuster and NetFlix href="http://www.betanews.com/article/1098720151">recently lowered their
subscription rates. Blockbuster is working hard to cut costs and attract
customers after reporting a third-quarter loss of $1.42 billion and announcing
its President Nigel Travis was resigning.Blockbuster Stores to Deliver Rentals

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