Hey guys. What do you think about all this? Tracey Netflix, Wal-Mart Unite; Blockbuster Attacks
The brutal war over online DVD rentals accelerated Thursday as Netflix and Wal-Mart announced an agreement, which was followed by an announcement by Blockbuster offering incentives to anyone switching from Netflix and Wal-Mart. Under the Netflix-Wal-Mart deal, Netflix will take over Wal-Mart's online DVD rental business beginning June 16 while at the same time promoting Wal-Mart's sell-through business. Wal-Mart is believed to have about 300,000 subscribers. Shares in Netflix rocketed up 24 percent following the announcement. Later in the day, Blockbuster offered to give Netflix and Wal-Mart online rental subscribers two months of online rentals free, a free DVD of their choice to keep, and two coupons for free in-store rentals. In a statement, Blockbuster chairman and CEO John Antioco said, "We remain committed to growing our online rental business and plan to continue to compete very aggressively in" online DVD rentals. Tracey de Morsella Phone: 215-849-0946 Email: [EMAIL PROTECTED] View The What Happened to ScifiNoir at Yahoogroups FAQ, at: http://www.visitfloripa.com/scifinoir/ -- No virus found in this outgoing message. Checked by AVG Anti-Virus. Version: 7.0.322 / Virus Database: 266.11.15 - Release Date: 5/22/2005 -- No virus found in this outgoing message. Checked by AVG Anti-Virus. Version: 7.0.322 / Virus Database: 266.11.15 - Release Date: 5/22/2005 ------------------------ Yahoo! Groups Sponsor --------------------~--> What would our lives be like without music, dance, and theater? Donate or volunteer in the arts today at Network for Good! http://us.click.yahoo.com/pkgkPB/SOnJAA/Zx0JAA/LRMolB/TM --------------------------------------------------------------------~-> Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/scifinoir2/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
