Walmart has 30 million customers a day. They supposedly have a 40% share of the 1 billion DVDs sold annually, or roughly 400 million.
Walgreen has 5 million customers a day, or 5/30 = 16.66% Walmart traffic. If DVD sales are determined primarily by traffic, Walgreen would sell 80 million DVDs if they offered them like Walmart. At industry estimates of something like $1.50 per DVD to Titlematch, this equates to $120 million to PCLI annually.
Caveots: *We don't know that the retailer is Walgreen *We don't know that they will decide to use Titlematch in all stores
But, it's nice to dream...
The possible uses and deployments of Titlematch are nearly endless. I EXPECT many surprise exciting announcements over the next few years, and beginning SOON. Remember the announcments of last year?----Overstock.com? Rightstuff.com? Bollywood? Monarch? City Lights? Do you think the company has done NOTHING since then to get more deals? Of course not! The new PR firm mentions 20 content providers! http://www.zfpr.presskit247.com/content/content-article.asp?ArticleID=3409 Don't you think we will be finding out who some of these are? Wake up everyone! This stock could get VERY HOT!
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