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A comment on Blockbuster CEO 'Confused by Fascination' With Netflix.

Re:Blockbuster CEO 'Confused by Fascination' With Netflix by alaskamiller on Tuesday August 19, 2008 @11:51AM (#280448)
Wired couldn't pick the money quote, but it's really this:

This is a hypothetical one. Would you be ever interested in buying Netflix?

Keyes: Not really. Netflix doesn’t really have or do anything that we can’t and don’t already do ourselves. So, there’s really no advantage in buying.

And the reason why Keyes won't is because BBI is worth only $288 million while NFLX is worth over $2 billion. Way to bluster through, Keyes.

[ Parent | on HN ]
Re:Blockbuster CEO 'Confused by Fascination' With Netflix by macebobo on Tuesday August 19, 2008 @12:10PM (#280477)
Maybe NFLX should buy BBI and fire Keyes! Heck, it is only slightly over $2 a share! It's amazing the arrogance Keyes displayed in the interview and how folks like this are able to stay in power even though BBI stock has been tumbling since mid-2002.
[ Parent | on HN ]