Blockbuster CEO John Antioco fired back yesterday on its earnings call:
Our competition has said that they will simply wait us out until we change our proposition. They may have a long wait. We have no intention of making any changes to our Blockbuster Total Access proposition anytime soon unless we feel these changes will fuel our growth even faster or improve our cost efficiencies and service metrics.
BBI vs. NFLX 1-yr chart: