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- Acuity Brands, Inc. F4Q08 (Qtr End 08/31/08) Earnings Call Transcript
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1 Comment
Netflix & Microsoft Move On; Blockbuster Still Stuck in the '80's [view article]
I have to disagree with this article. Sure Blockbuster might not be the "up and coming" business right now, but it certainly isn't going anywhere soon. If you look at certain markets, there are some positive signs in the way of YTD comps. Also, it would be nice to see kiosks that you can download from, but it will not instantly replace DVD rentals. There is still a huge percentage of people that simply do not have the technology to do this, nor do they want to watch a movie on a computer (maybe a 17" monitor or smaller) or an MP3 player (screens much smaller). I just don't think that the time to rid the nation of rental stores has arrived yet, but it certainly has taken a downward trend since the late 90's/early 00's. The current trend of the economy will set the trend for rental stores going into the next decade, along with what technology the market will be able to create and the public able to afford. Feb 27 02:11 AM