What is it when corporate people get together. must they never figure out if it’s not broken don’t fix it. They have brought back late fees!!!!!!!!!!!!!!!! WHY everything was fine b4 this. In 2004 they did away with late fees. So many people owed them money and they did away with late fees gave everyone a fresh start. in 2010 they brought them back they give u one less day for the rental and they lowered the fee to $4.00. The fee is now a buck a day, guess they sw Red box doing a good thing. But their rental is only a dollar to begin with. Last year they changed there online terms and really hurt people. I knew quite a few people who dropped them. Netflix has cornered the market on the online download with hits on X-Box PS3 and now the Wii. Blockbuster is suppose to unveil something called the Blue box to compete with Netflix.
They really need to take their head out of their ass and get there act together with Holly wood video filling Chapter 11 they are the only major Video chain in the world with stores u can pop into for a nightly rental. This is a horror related article in terms of you use BB to rent the newest horror dvd blue ray or video game, just incase anyone was wondering. I leave with this article posted last month about the sorry ass state of BlockBuster video.
On March 12, 2010, PricewaterhouseCoopers, Blockbuster’s independent registered public accounting firm, issued its audit opinion disclosing substantial doubt about Blockbuster’s ability to continue as a going concern. This report was included in Blockbusters’s 10-K SEC filing. On March 17, 2010, Blockbuster issued a bankruptcy warning after continued drops in revenue threatened its ability to service it’s nearly 1 billion dollar debt load