Monday, June 28, 2004

Late fees

This old article is interesting because of the surprising statistic regarding late fees:

"[Netflix] found that 11 percent of movie renters return movies unwatched because of the time restrictions and that 20 percent pay, on average, about $7.60 in late fees for every tardy DVD rental. "

That's rough. For one in five of us, we're paying $11.00 to rent a DVD for a week from Blockbuster. One in ten of us doesn't get to see the movie at all!

10 comments:

  1. It is pretty sad. But thats why I switched to Netflix, or rather started subscribing.

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  2. Non sono d'accordo con quello che dici!

    http://the-web.blogspot.com/

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  3. I own too many to bother renting, although I have considered Nicheflix and Ehit....

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  4. It amazes me that anyone uses Blockbuster anymore. Hollywood Video gives you 5 days on every rental. If even that isn't a long enough time, I have no sympathy for you.

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  5. People still use Blockbuster because they may not have many movie rental places near them...I personally have two, and one is a Blockbusters, so sometimes I'm almost forced to go there...

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  6. Well the best deal would be blockbuster video (BV). If you had not life on the 2 out plan you could watch tons of movies a month.

    July 1st at 10 am rent 2 and sign up for the pass, watch those 2 and go back to BV and pick t more movies. do the same a few hours later.

    That would be 6 movies in 1 day. Do this every day for the month of July and get 186 movies. at 24.99 a month that is just just 13 cents a movie.

    Of course their selection needs to be better to even be able to rent 186 moves a month.

    Never believe statistics they can be skewed to work for whomever is paying for it. Such as the Dallas one was probably paid for by Netflix.

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  7. Get a life --- instead of watching everyone else's version of life, go out and experience your own.

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  9. Blockbuster had once a plan where you paid $ 20 dlls and you could rent as many movies as you could watch, same as netflix, the only cons were you could only have 2 movies out at a time and you had to pick them up and return them in person. I tried it, cause I was sharing it with a friend, and even when the circle was slow, he rented them, give them to me, I watched and returned them, just yo start again with him going for more... we got to rent around 30 in one month!

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