BELLEVUE, Wash. -- With more subscribers than ever flocking to its DVD-by-mail service, Netflix Inc. is one of the few companies to prosper during the worst U.S. recession in 70 years. Yet Netflix ...
Blockbuster is tired of seeing red: The company is gearing up to battle Redbox for a major piece of the video rental kiosk business by installing thousands of its own boxes nationwide this summer.
Blockbuster still trails Netflix in DVDs by mail, and is also closing a growing number of unprofitable stores. Now Redbox's success has prompted Blockbuster to promise 10,000 DVD kiosks of its own in ...