jt
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(Apr 5, 2006 - 5:57 PM)
You guys are all off the mark here from a business perspective. (except for melvinram)
Netflix invented the method, and is successful. It applied for, and succesfully patented, these business processes. It has a right to defend them, thus the purpose of the patent itself.
BLOCKBUSTER is in trouble, fighting a losing battle vs. quick-for-sale new releases in stores like Wal-Mart / Target etc.
Consumers have quickly adopted to buying DVDs instead of renting, citing dissatisfaction with late fees. As a last resort (meaning only when they had to because their business is collapsing), Blockbuster dropped late fees.
http://biz.yahoo.com/foo.../114200625709.html?.v=1
http://www.usatoday.com/...06-21-blockbuster_x.htm
Next, Blockbuster is losing bigtime to on-demand content. They are in legal defiance of a US Patent, for which they will be found liable.
Netflix is fine. And an innovator. And fully within its right to defend itself.
http://www.bloomberg.com/apps/quote?ticker=NFLX:US
Get your facts straight or SHADDAP. On the other hand, why to I waste time trying to educate hopelessly ignorant people who don't know the different between business facts and personal diatribe?