Blockbuster yesterday made a surprising announcement, saying they were eliminating most late fees from movie rentals as of Jan 1. That could take a sizable chunk out of the video retailer’s wallet, as industry estimates have late charges accounting for anywhere between 10-16% of Blockbuster’s total revenue ($5.82bln last year). There’s little doubt the success of Netflix and cable VOD helped to influence this decision-although a Blockbuster spokesperson denied cable’s influence, pointing out that retailers get the latest titles a month before PPV and VOD. Fulcrum says the new policy is "an incremental negative for the cable industry," as so much of the value of VOD is derived from a no-fee, no-hassle product. Fulcrum adds that cable ops will "increasingly need to seek other methods for highlighting the advantages of their VOD platform."

The Daily


Spooky Season Programming

Networks are getting ready for Halloween, announcing a slew of programming for October. LMN debuted a fall slate of programming featuring 13 new movies, premiering during the net’s second annual

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