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Tuesday, March 3, 2009

Blockbuster Rumored for Chapter 11: Shares Cheaper Than a Late Fee

blockbuster-storeThe movie rental business is supposed to be recession-proof. That was true for Netflix, which posted great results at the end of 2008 and said this year would be even better. But that hasn’t panned out for Blockbuster, which is reportedly mulling a Chapter 11 bankruptcy protection filing. No confirmation from the company yet, but investors aren’t waiting around to find out: BBI shares are now less than a quarter a piece.

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Tuesday, December 30, 2008

Amazon Wins an Award It Didn’t Give Itself: Tops in Customer Satisfaction

Amazon’s data-free claim that it posted its “best ever” holiday season this month has gotten a deservedly skeptical reception. But here’s one vote in favor of Jeff Bezos’s e-commerce giant: A customer satisfaction poll that singles out just Amazon and Netflix for praise.

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About Peter

Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider. Read more »

Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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