I was surprised to read the news that the last Blockbuster stores were finally closing. I was only surprised because I was under the impression that except for a few stray stores here and there that Blockbuster had been completely done for some time.
It looks like Blockbuster wants to turn up the heat on Netflix and will be launching its own branded streaming service soon.
Remember going to the video store and browsing, only to find the movie you wanted was sold out? What about the insane late fees, remember that?
The once high-flying video rental chain has filed for Chapter 11 bankruptcy in a move that for years has been seen as nothing but inevitable.
Blockbuster has fought valiantly in recent years to defend itself against threats from online contenders such as Netflix, Hulu and YouTube. But now it seems as if the industry heavyweight is getting ready to throw in the proverbial towel.
While rival Netflix appears to be trying to move away from its once-core rental-by-mail service, Blockbuster is ramping up its efforts, becoming the first major player to offer both video games and movies from one centralized online account.
Smoke 'em if you got 'em! And who has them? Well, not us, obviously. But a child of four in Britain does.
Netflix is the king of DVD-by-mail and GameFly has a monopoly on the games-by-mail market, but what will happen if Blockbuster becomes the first to do both?
Sprint has confirmed plans to expand its 4G mobile broadband service to several major cities during 2010, including Boston, Denver, New York and San Francisco.