NetFlix to file bankruptcy?

[The Don]

http://www.nxtbook.com/nxtbooks/ques...0907/index.php

that should take you to page 8 of this weeks Nielsen/VideoScan booklet where it says Wallstreet Analysts expect them to file bankruptcy..

this is no good....Blockbuster loses it's strongest competitor in regards to prices...

[The Don]

also in the booklet it talks about Sony cutting the price of the 80 GB model to 499.99 soon...before the holidays..

[Blu-dock Saint]

Well that would suck, I dont feel like joining blockbuster and adding my ridiculously long que list to it lol. All well, in the long run I'm sure I would have joined Blockbuster sooner or later.

[Blu-dock Saint]

Originally Posted by The Don

also in the booklet it talks about Sony cutting the price of the 80 GB model to 499.99 soon...before the holidays..

Now that would be a very very good thing to happen, especially since in my eyes its still the best Blu-ray player out, it would rocket sales again for ps3 this holiday, all around excellent news.

[Teazle]

Originally Posted by The Don

http://www.nxtbook.com/nxtbooks/ques...0907/index.php

that should take you to page 8 of this weeks Nielsen/VideoScan booklet where it says Wallstreet Analysts expect them to file bankruptcy..
..

That's too bad. Where will HD-DVD fans rent their movies?

[treyw00]

Netflix isn't filing bankruptcy...they're talking about movie gallery/Hollywood video

[Blu-dock Saint]

Originally Posted by Teazle

That's too bad. Where will HD-DVD fans rent their movies?

Unfortunatly they can still rent theirs from Blockbuster online just not in stores(excluding the 250 or whatever).

For now that is.......I think Blockbuster would make a bigger impact if they straight up dropped hd dvd all together.

[WickyWoo]

The headline is confusing. MOVIE GALLERY is going to file bankruptcy, Netflix's stock was upgraded

[treyw00]

Exactly...netflix stock went up...but they did say that blockbuster will likely get 90% of the consumers from those stores

[EricJ]

Uh, try reading the article again, with comprehension skills:

"We expect Movie Gallery <the cheap #3 brick-and-mortar chain, just behind Hollywood Video> to declare bankruptcy before year-end, with decreased marketing from Blockbuster...
We have a greater degree of confidence in Netflix's ability to grow in the event that Gallery begins to aggressively close stores."

(Translation: Netflix not only survives, but puts itself in prime oppoturnity to steal more willing victims away from the Big Blue Bungler--
Misinformed forehead-slapper of header goof corrected.)

[Blu-dock Saint]

While in the spirit of talking about things going bankrupt and such, in my area every chart hits video is closing due to people mainly ordering their movies online now. Goes to show you how fast the world can change I guess.

[The Don]

I never heard of movie gallery....

can someone please change the title so it is not misleading?..

'preciate it..

[The Don]

Originally Posted by EricJ

Uh, try reading the article again, with comprehension skills:

"We expect Movie Gallery <the cheap #3 brick-and-mortar chain, just behind Hollywood Video> to declare bankruptcy before year-end, with decreased marketing from Blockbuster...
We have a greater degree of confidence in Netflix's ability to grow in the event that Gallery begins to aggressively close stores."

(Translation: Netflix not only survives, but puts itself in prime oppoturnity to steal more willing victims away from the Big Blue Bungler--
Misinformed forehead-slapper of header goof corrected.)

wow...thanks..

I skimmed it...and as I said I never even heard of movie gallery....

I saw Netflix and assumed movie gallery was some form of a "catchy" headline that the editor was trying to use...

[red_5ive]

Oh man, I was sweating bullets until I read the article. Gallery is the one that's gone. I switched from Netflix to Blockbuster for 'Total Access', but I think that'll only last as long as Netflix is around... so when people ask me how I like total access, I'm tempted to say "it sucks - get Netflix instead." Not that Netflix is bad (in fact they were great when I used them), I just like the in-store option better.

[D1-2005]

movie gallery owns hollywood video so if movie gallery goes down, hollywood would potentialy go down also.

http://en.wikipedia.org/wiki/Movie_Gallery

[bryaaaant]

That would've sucked if Netflix closed. I <3 Netflix.

[The Don]

Originally Posted by D1-2005

movie gallery owns hollywood video so if movie gallery goes down, hollywood would potentialy go down also.

http://en.wikipedia.org/wiki/Movie_Gallery

I could care less what happens to Hollywood Video...

[red_5ive]

Originally Posted by D1-2005

movie gallery owns hollywood video so if movie gallery goes down, hollywood would potentialy go down also.

From the article: "... a Gallery bankruptcy will likely result in the closure of 1,000 video stores (mostly Hollywood Video)..."

[WickyWoo]

Expect Blockbuster to pick up the pieces of whatever's left.

[raginranger]

decrease in competition is never good as it usually leads to a monopoly atmosphere where they can charge whatever the eff they want. I am not suprised though, the movie gallery around me sucks. NO high-def movies, and small gaming section. They are good for new releases, but thats about it.