Wednesday, February 24, 2010

Ahead of earnings report, Blockbuster faces another challenge

Consumer use of online video services for movie rentals and movie and TV downloads doubled between 2008 and 2009, said Kurt Scherf, analyst at Dallas-based Parks Associates, which predicts revenue from premium video rentals and downloads in the U.S. will grow from about $2.3 billion in 2010 to $8.4 billion in 2014.

From the article, "Ahead of earnings report, Blockbuster faces another challenge" by Maria Halkias

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