Quote:
Originally Posted by notime
price decay in dvd sales (not rental) was a partial reason too.
If Warner/Disney/Paramount/Universal are blowing out their top dvds at 1$ to 5$, why would you rent a dvd still?
The cheap VOD on TV & the internet did most of the rest for rental stores.
|
Yep. When a new movie comes out on DVD many places will put it on sale for around $15. Blockbuster now charges $5 per rental. I know a lot of people who don't rent anymore, they just buy the movie. Also, they used to make a killing with late fees. When they got rid of that it had to hurt them.