Blockbuster CEO Antioco Sees Digital Future

Ah well, lets humor him then: Blockbuster CEO John Antioco said the video rental chain has a digital future that may take it to a greater size than it achieved as a primarily store-based business…

As an investor in online download service CinemaNow, Blockbuster also is well-positioned when the digital transition happens, Antioco said. “The challenge with downloading is there isn’t a profitable business model that exists. We are very interested in the space,” he said. “If digital delivery is out there we ought to be playing a role in it. If we aren’t, then something’s wrong.”

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