“Neither RedBox nor Netflix are even on the radar screen in terms of competition,” “It’s more WalMart and Apple.”
“DVDs are a melting glacier…Yes, it’s melting, but it’s a slow melt.”
Blockbuster CEO Jim Keyes, 2008
Truer words were never spoken. Oh — and this.
Here’s the full article for a good read:
I had an enlightening chat with Blockbuster (NYSE:BBI) CEO Jim Keyes yesterday afternoon. We discussed what I perceived as threats to the DVD rental giant. With marksman’s precision, he shot them down. Getting to the point, the MediaPoint I first asked him about the MediaPoint set-top digital delivery solution that his company rolled out last month.
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