Wal-Mart is getting out of the online DVD rental business on June 16, 2005, although their current subscribers are being offered some fairly good alternatives. The Wal-Mart subscribers will be able, if they wish, to switch over to Netflix and keep their current price for a year.
But Blockbuster is extending a special offer to current subscribers of the other two big online DVD rental services: if a Wal-Mart or a Netflix subscriber switches to the Blockbuster online DVD rental service, the subscriber will get two months of free service, a free DVD of their choice, and they'll be able to keep their former subscription rate for a year.
Turmoil continues in the DVD rental business.
Elsewhere on the Web:
Wal-Mart DVD Rentals – Official SiteNetflix Press Room - Walmart.com and Netflix Announce New Promotional Agreement
Blockbuster Announces Incentives for Wal-Mart and Netflix Online Rental Subscribers
