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Daily Archives: April 27, 2010

Revolutionizing the Movie Rental Business

April 27, 2010
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Revolutionizing the Movie Rental Business

There’s no doubt that Netflix (NFLX) has transformed, and continues to revolutionize, the movie rental business. Hundreds, perhaps even thousands, of Blockbusters and mom and pop video stores have shuttered their operations as Netflix became the undisputed king of the movie rental business. The stock has appeared in numerous Cabot newsletters over the years, most recently in Cabot Stock of the Month Report in February. This is what Editor Timothy Lutts wrote about it there: “What’s revolutionary about Netflix is its delivery methods. Back when everyone was accustomed to driving to the corner store to rent a video, Reed...

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