Blockbuster is bringing back late fees... - Car Audio Classifieds!
Car Audio Classifieds!  

Go Back   Car Audio Classifieds! > The OT™ > Off Topic Chat

Off Topic Chat Sit back, relax and chat with other members about any and everything. Keep it PG-13!


Notices

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 03-04-2010, 07:24 AM
CACO Member
 
Activity Longevity
0/20 19/20
Today Posts
0/11 ssssss299
Location: Ohio
Thanks: 0
Thanked 0 Times in 0 Posts
iTrader: (2)
Feedback Score: 2 reviews
Default Blockbuster is bringing back late fees...

Just saw this article: blockbuster-bringing-back-late-fees: Personal Finance News from Yahoo! Finance

To me, this looks like just another step towards the end of them...Netflix and those 1$ rental box vending machine things have all but killed them (not to mention piracy). I can't even remember the last time I rented anything from Blockbuster...

Quote:
Since the dawn of the home-video era in the 1980s, as the proliferation of VCRs and DVD players spread to the point where just about every American home was equipped with one, Blockbuster was, well, a blockbuster. The company dominated its sector of the economy, gobbling up competitors and forcing many mom-and-pop video rental stores out of business.
Those days are long gone.

On the heels of a disastrous fourth quarter and the announcement that the chain would be closing hundreds of stores, Blockbuster's latest move to curb its heavy bloodletting could easily be interpreted as an act of desperation: It's going to start charging late fees again on rentals, something the company hasn't done since 2005. At the time, Blockbuster claimed that dropping late fees would cost them $250-$300 million per year in lost revenue. Clearly, the company misses that annual infusion of cash.
Here's how the new late-fee structure breaks down:
• Starting this week, customers will be charged $5 for a five-day movie rental. Previously, customers were allowed to keep each rental for seven days.
• If the customer returns the movie late, they'll be charged $1 per day until it's returned, up to a maximum of 10 days.
• If the customer still hasn't returned the movie by the 15th day, they'll be charged the full price of the DVD, which could range from $29.99 on the high end for newly released Blu-ray discs, to just a few bucks on the low end for a DVD on the clearance rack.

• If the movie is returned within 30 days, the customer will receive a store credit equal to the price of the movie they were charged for, minus $10 in late fees. So if the customer was charged $19.99 for a replacement DVD, they'll have $9.99 credited to their Blockbuster account.

While saying that the move was a necessary one in order to remain competitive with Netflix and Redbox, Blockbuster spokesperson Michelle Metzger tried to downplay its significance, saying the new fee policy is not all that different from others in the industry, and would ultimately make for a more enjoyable customer experience.

"We think this is very forgiving. You have 45 days to bring it back. It's similar to what Redbox does," she said. "This is an incentive to get movies back faster so others can rent them and to get the customer back into the store faster."

Currently, Netflix customers pay flat monthly fees that range from $8.99 to $16.99 to receive movies through the mail or via the Internet. There are no late fees, but customers are charged $14 if they lose a DVD. Redbox, which dispenses movies through its more than 22,000 vending machine-like kiosks across the country, charges a flat fee of $1 per day. For lost DVDs, Redbox charges its customers $25.

Whether or not the reinstatement of late fees helps to revitalize Blockbuster financially remains to be seen. Industry analysts have been pronouncing the company all but dead for some time, and yet it has managed to survive, barely. Blockbuster is still alive and kicking, and that certainly counts for something.
Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
  #2  
Old 03-04-2010, 07:35 AM
profundus-sanus's Avatar
Veteran Member
 
Activity Longevity
0/20 19/20
Today Posts
0/11 sssss3026
Location: wilmington, nc
Age: 33
Thanks: 289
Thanked 231 Times in 155 Posts
iTrader: (14)
Feedback Score: 14 reviews
Default

ima stick w/ netflix for sure now....
__________________

Reply With Quote Quick reply to this message
  #3  
Old 03-04-2010, 07:36 AM
98AckCL23's Avatar
CACO Supporter
 
Activity Longevity
0/20 20/20
Today Posts
0/11 sssss9929
Location: Lebanon, Ohio
Age: 30
Thanks: 51
Thanked 84 Times in 70 Posts
iTrader: (16)
Feedback Score: 16 reviews
Default

Our local blockbuster brought back late fees like 2 months ago... Of course they didn't tell us, so when we brought back a movie (~2 days late) they said "OH, btw, you have late fees due..." Fortunately, since nobody told us, we didn't have to pay them.
__________________

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


Team Concepts
Team Shok
Ohio Bass Society
Team XS Power
2010 120-129.9 Bassrace World Champion
Reply With Quote Quick reply to this message
  #4  
Old 03-04-2010, 08:35 AM
hobbywerks's Avatar
CACO Member
 
Activity Longevity
0/20 18/20
Today Posts
0/11 ssssss290
Location: Grasonville, MD
Age: 55
Thanks: 0
Thanked 7 Times in 7 Posts
iTrader: (8)
Feedback Score: 8 reviews
Default

They never got rid of late fees. Just changed the name to a restocking fee. I found that out 2 years or more ago and it was the last time I stepped foot in a Block Buster. Good riddance to them. Hope they die a slow painful death.

Netflix FTW.
Reply With Quote Quick reply to this message
  #5  
Old 03-04-2010, 08:54 AM
TurdFergueson2's Avatar
CACO Supporter
 
Activity Longevity
0/20 19/20
Today Posts
0/11 sssss3902
Location: Chicago
Thanks: 14
Thanked 41 Times in 35 Posts
iTrader: (12)
Feedback Score: 12 reviews
Default

I didn't even know they still rented movies. I see no commercials and all the stores in my area are closed.
Reply With Quote Quick reply to this message
  #6  
Old 03-04-2010, 09:02 AM
loud-n-low's Avatar
Elite Member
 
Activity Longevity
0/20 18/20
Today Posts
0/11 ssssss695
Location: upstate NY
Thanks: 2
Thanked 13 Times in 10 Posts
iTrader: (3)
Feedback Score: 3 reviews
Default

the $1 older movies are now $4...bye bye Blockbuster
Reply With Quote Quick reply to this message
  #7  
Old 03-04-2010, 09:02 AM
CACO Member
 
Activity Longevity
0/20 19/20
Today Posts
0/11 ssssss299
Location: Ohio
Thanks: 0
Thanked 0 Times in 0 Posts
iTrader: (2)
Feedback Score: 2 reviews
Default

Yeah I've been thinking about getting a Netflix subscription...especially since I can watch movies on my PS3 now...
Reply With Quote Quick reply to this message
  #8  
Old 03-04-2010, 09:09 AM
TurdFergueson2's Avatar
CACO Supporter
 
Activity Longevity
0/20 19/20
Today Posts
0/11 sssss3902
Location: Chicago
Thanks: 14
Thanked 41 Times in 35 Posts
iTrader: (12)
Feedback Score: 12 reviews
Default

Quote:
Originally Posted by bubbagumper6 View Post
Yeah I've been thinking about getting a Netflix subscription...especially since I can watch movies on my PS3 now...

To me it became more worth it since you can rent blu rays now.
Reply With Quote Quick reply to this message
  #9  
Old 03-04-2010, 09:10 AM
98AckCL23's Avatar
CACO Supporter
 
Activity Longevity
0/20 20/20
Today Posts
0/11 sssss9929
Location: Lebanon, Ohio
Age: 30
Thanks: 51
Thanked 84 Times in 70 Posts
iTrader: (16)
Feedback Score: 16 reviews
Default

The problem I have with netflix is that most of my movie watching is spontaneous, and I've seen like 90% of Netflix instant movies...
__________________

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


Team Concepts
Team Shok
Ohio Bass Society
Team XS Power
2010 120-129.9 Bassrace World Champion
Reply With Quote Quick reply to this message
  #10  
Old 03-04-2010, 09:11 AM
iamsonic's Avatar
admin my ass
 
Activity Longevity
1/20 19/20
Today Posts
1/11 ssss31247
Location: Waterloo Iowa
Thanks: 2,546
Thanked 2,472 Times in 1,730 Posts
iTrader: (185)
Feedback Score: 185 reviews
Default

**** block buster

http://www.youtube.com/watch?v=K8CrvGndKzE
Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
Reply

Bookmarks

Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Car Audio Classifieds! forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Location
Where you live
Level of Car Audio Knowledge
What's your level of car audio?

Log-in



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
New Rebuild: Back at ground zero , but im coming back harder splvictim20 Build Logs 898 10-20-2010 01:20 AM
Better late than never! jwesenick79 New Member Orientation 7 08-14-2009 01:51 PM
i know this is late natisfynest Competition Corner 3 01-18-2009 12:26 AM

» Amps
A/d/s/
Advent
Alphasonik
Alpine
American Bass
ARC Audio
Atomic
Audio Art
Audio Gods
Audiobahn
Audiocontrol
Audiopipe
Audison
Aura
Autotek
Avionixx
Bazooka
Beyma
Blaupunkt
Boss
Boston Acoustics
Bravox
Cadence
Cascade (CAE)
CDT Audio
Cerwin Vega
Clarion
Clif Designs
Concept
Coustic
Critical Mass
Crossfire
Crunch
DB Drive
DC Audio
DC Power
DEI
Denon
Diabolo
Diamond
Digital Designs
Directed
DLS
Dual
DYnamat
Dynaudio
Earthquake
Eclipse
Elemental Designs
ESX
Eton
Farenheit
Fi Car Audio
Fix My Speaker
Focal
Fusion
Genesis
Ground Zero
Hafler
Helix
Hertz
Hifonics
Hushmat
Image Dynamics
Infinity
Interfire
JBL
Jensen
JL Audio
JVC
Kenwood
Kicker
Knu Konceptz
Kole Audio
Kove Audio
Lanzar
Lightning Audio
Linear Power
MA Audio
Magnat
Marantz
Massive Audio
MB Quart
McIntosh
Memphis
Metra
MMATS
Mobile Authority
Morel
MTX
Nakamichi
Niche Audio
O2 Audio
Ohio Generator
Optima
Orion
Oxygen Audio
OZ Audio
PG Audio
Phase Linear
Phoenix Gold
Pioneer
Polk
Power Acoustik
Powerbass
Powermaster
Precision Power
Profile
Pyle
Pyramid
RadioShack
Rainbow
Rampage
RE AUdio
Rockford Fosgate
Scanspeak
Scosche
Seas
Sony
soundstream
Sparkomatic
SPL Dynamics
Stinger
Sundown Audio
Swiss Audio
Targa
TC Sounds
TREO Engineering
TRU
Tsunami
Ultimate
US Acoustics
US Amps
Velodyne
Vifa
Viper
Visonik
Xtant
Zapco
Zed Audio
Powered by vBadvanced CMPS v3.2.3
Links
Amp Guts
amplifier, amp guts, ampguts, car audio classifieds, speakers and subs for sale with listings of 12 volt sound systems. Security systems for sale for aftermarket car audio equipment with amplifier and amps for sale
Car Audio Forum
car audio forum, moble audio, car stereo, wholesale car audio, 12 volt, with, amplifier, amp, subwoofer, sound quality, buy car audio, and sell automotive stereo systems for cars
Car Audio Sound Quality Forum
Sound QUality science based car audio forum, amplifier, subs and speaker design, fabrication help, sound systems forum, aftermarket car audio website for sound quality.
Car Stereo Forum
DIYMA car audio stereo forum for 12 volt car audio subwoofer and amplifier systems that have sound quality with wholesale car audio products.


All times are GMT -5. The time now is 03:22 PM.


Powered by vBulletin
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.6.0
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.