Welcome to WebProNews Breaking eBusiness and Search News
Advertise | Newsletter | Sitemap | News Feeds News Feed 
 WebProNews Search Part of the iEntry network iEntry inc. 

Netflix Calls ‘Cut’ On Blockbuster Online

Jason Lee Miller
Staff Writer
Published: 2006-04-05

WebProNews RSS Feed

Home video rental chain Blockbuster got its own block busted by Netflix yesterday after the online rental company slapped it with a patent infringement lawsuit over Blockbuster Online.

I'm guessing the paperwork was prepared in advance, the suit was filed the same day Netflix was awarded its business model patent.

Netflix filing calls for an injunction to shut down its rival's online rental service and damages paid for the infringement. The patent mentioned in the suit covers the method in which customers choose DVD's to rent, the number of DVD's allowed at a time, and the amount of time given for their return - basically Netflix whole business model.

After Netflix launched its online service, Blockbuster suffered devastating losses that eventually caused the chain to begin shutting down retail outlets to make up for lost revenue. Last year, Blockbuster lost $588 million.

Blockbuster toyed with the "no late fees" concept and subsequently launched its own online rental service to compete. But Neflix' Steve Swasey says that Blockbuster "willfully and deliberately copying Netflix's business methods."

If Netflix is successful in the suit, Blockbuster will have to take down or radically change its online rental service and pay patent royalties. Upon the news of Netflix' litigation, the company's stock rose five percent.

Tag: |

Drag this to your Bookmarks.

Add to DiggThis Yahoo My Web

Receive Our Daily Email of Breaking eBusiness News

About the Author:
Jason L. Miller is a staff writer for WebProNews covering technology and business.

WebProNews RSS Feed

More Top News Articles

Contact WebProNews


Targeted Information for Business
WebProNews is part of the iEntry network

Internet Business: Marketing: Small Business:
WebProNews MarketingNewz SmallBusinessNewz
WebProWorld AdvertisingDay PromoteNews
EcommNewz SalesNewz EntrepreneurNewz

Software: Search Engines: Web Design:
WebMasterFree Jayde B2B DesignNewz
NetworkingFiles SearchZA FlashNewz
SecurityConfig SearchNewz WebSiteNotes

Developer: IT Management: Security:
DevWebPro ITManagement SecurityProNews
DevNewz SysAdminNews SecurityConfig
TheDevWeb NetworkingFiles NetworkNewz

The iEntry Network consists of over 100 web publications reaching millions of Internet Professionals. Contact us to advertise.

 Advertise | Contact Us | Corporate | Newsletter | Sitemap | Submit an Article | News Feeds
 WebProNews is an iEntry, Inc. ® publication - $line) { echo $line ; } ?> All Rights Reserved
About WebProNews
WebProNews is the number one source for eBusiness News. Over 5 million eBusiness professionals read WebProNews and other iEntry business and tech publications.

WebProNews provides real-time coverage of internet business.

Free Email Newsletters:
WebProNews SearchNewz
WebProWorld DevWebPro
Marketing SecurityNews
Plus over 100 other newsletters!

Send me relevant info on products and services.

Ten most recent posts.

Featured Software

WebProNews in the News
View all recent mentions of WebProNews from around the world!

Recent Articles On ...
Google eBusiness
Yahoo Ask Jeeves
MSN Blogs
Search Engines Blogging
Affiliate Programs Marketing
eCommerce Advertising
eBay Sun Microsystems
AOL Adsense
Microsoft Adwords
Oracle IBM
Amazon Apple
SEO iPod
Adsense XBox
PR Adobe

iEntry.com WebProWorld RSS Feed WebProWorld Contact WebProNews Print Version Email a friend Bookmark us