TITLE

RENTAIL PUTS POSITIVE SPIN ON ECONOMIC WOES

AUTHOR(S)
Gruenwedel, Erik
PUB. DATE
November 2008
SOURCE
Home Media Magazine;11/2/2008, Vol. 30 Issue 43, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the opportunities provided by the troubled economy on video rental stores in the U.S. According to Todd Zaganiacz, president of the National Entertainment Buying Group, video rental is offered an opportunity to increase revenue during the recession, citing the case of Blockbuster which reported that its third-quarter domestic same-store sales increased by 5.1% with same-store rental revenue up by 0.8%.
ACCESSION #
35039545

 

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