The New York Times > Technology > E-Commerce Report: "MAZON changed the face of e-commerce categories like music and videos simply by entering those markets. Now the DVD rental industry is shifting course on just the rumor that Amazon will offer a competing service. And although some investors have not been thrilled at that prospect, more consumers will probably be pleased enough to join the market.
Netflix, the leading online DVD service, recently dropped its prices 18 percent, to $18 a month for unlimited rentals, after its chief executive said he learned that Amazon would soon offer a competing service. (Amazon refused to confirm the rumor last week.) Blockbuster quickly followed suit, cutting its price to $17.50 from $20. "
Monday, October 25, 2004
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