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Sunday, May 02, 2010 6:04:22 AM
I agree. Unlike some that proclaim on various message boards their Blockbuster store is always packed: Every time I drive by my local blockbuster, there is maybe one customer on a good day. I do not see people "flocking" to Blockbuster to rent Avatar. Digital downloads / streaming is the future. Netflix is the king of digital downloads in the eyes of the consumer (not to mention Torrent).
Think the 28 day window will be the saving grace? The reason why the studios are advocating the 28 day window, is so they can sell more packaged media (DVD's / Bluray's). I believe it is not an attempt to save Blockbuster. With Blockbuster gone, the only competition to packaged media for the first 28 days is Torrents, which is not going away.
The US (and the rest of the world) is in a race to provide ever faster and improved internet bandwidth and access, which points to an end to packaged media. The Pirate Bay, a major torrent site, is located in a cold war era nuclear bunker. http://torrentfreak.com/the-pirate-bay-relocates-to-a-nuclear-bunker-091006/
The movie studios are aware of Blockbusters troubles and eventual demise. To seal Blockbusters fate, the movie studios received a first lien to Canadian Blockbuster properties.
Think Blockbusters brand name / goodwill is enough to save the company from bankruptcy? Remember Circuit City?
EOM.
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