blue rebel
Well-Known Member
- Joined
- 29 Sep 2012
- Messages
- 479
Blockbuster have only got themselves to blame, they have had massive debts for over 15
years now and have been run on the lines of manure. About 15 years ago the film companies brought out "dual pricing", films could be bought in HMV, TESCO, ASDA etc for £8 - £10 but a rental copy for the video/dvd shops could cost up to £40 per copy. The reason was the film companies decided video shops were getting on going rental monies and they wanted a bigger slice of this, they did not take into account that some films bombed and the shops had to cover this and also things like films being damaged, not returned, staff wages etc. Most of the big chains, AZAD, RITZ, HOLLYWOOD NIGHTS etc fought against this but BBUSTER did deals with said film companies to the detriment of the other chains. Its because of these prices that rental films are £3 - £4 per night for new releases and why the rental shop is now becoming a thing of the past.
years now and have been run on the lines of manure. About 15 years ago the film companies brought out "dual pricing", films could be bought in HMV, TESCO, ASDA etc for £8 - £10 but a rental copy for the video/dvd shops could cost up to £40 per copy. The reason was the film companies decided video shops were getting on going rental monies and they wanted a bigger slice of this, they did not take into account that some films bombed and the shops had to cover this and also things like films being damaged, not returned, staff wages etc. Most of the big chains, AZAD, RITZ, HOLLYWOOD NIGHTS etc fought against this but BBUSTER did deals with said film companies to the detriment of the other chains. Its because of these prices that rental films are £3 - £4 per night for new releases and why the rental shop is now becoming a thing of the past.