Blockbuster ’s not doing so well , close another 500 locationsin an attempt to neaten its ship . The latest tactic ? Bringing back belated fee , which they ditch back in2005 to vie with Netflix .
https://gizmodo.com/blockbuster-to-close-500-locations-5480585
Slashfilm state that the late fee will work on a $ 1 - per - 24-hour interval basis up to 10 days , so the most you ’ll ever have to yield is an superfluous $ 10 . Blockbuster ’s reasoning is that the great unwashed keep new rentals an average of 4.7 days , which “ [ keep ] that rubric off from somebody else . ” Which then stand for Blockbuster needs to buy more copy of the same movie to gratify more customers , then seek to sell those as pre - rented versions after the hype dies .
in person , I ’ve been grandfathered in on the Blockbuster Online plan to still keep getting two free game / video rental per month , and being able to exchange the on-line movies for a destitute in - store lease . That , plus throw online rentals , keep on me coming back . But unless Blockbuster figures out an equivalent to Netflix streaming , it ’s hard to compete . [ Slashfilm ]
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