Netflix: Video-On-Demand Can WaitBy
Like any good American, I've used this blog to rip Blockbuster Inc (BBI), the moribund, universally disliked video store chain. Conventional wisdom says that video-on-demand -- the cable industry's competitive holy grail -- will eat Blockbuster's lunch. But what is killing Blockbuster in the here-and-now is Netflix (NFLX), the convenient DVD-by-mail service that is invading mailboxes across the country. The company's blowout third quarter earnings pretty much told the whole story; the stock jumped nearly 19% Tuesday. Read on for highlights:
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