TITLE

Blockbuster Is 'Treading Water,' Netflix CFO Says

AUTHOR(S)
Gruenwedel, Erik
PUB. DATE
March 2008
SOURCE
Home Media Magazine;3/2/2008, Vol. 30 Issue 9, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the criticisms of Netflix Inc. CFO Barry McCarthy against rival Blockbuster Inc. during an investor conference in New York. McCarthy cited the failure of Blockbuster to invest to grow it to profitability, saying its online rental service continues to affect subscribers. He also predicted a 8.9 million to 9.5 million subscribers for Netflix by the end of 2008.
ACCESSION #
31282021

 

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