Saturday October 29, 2011

Warner Bros. Withholds New Release DVDs from Blockbuster

Blockbuster has been busted by Warner Bros Studios for releasing first run movies before meeting the mandatory 28 day wait between theatrical release and rental date. Major movie studios are suffering from declining box office revenue and are trying to generate higher profit by longer runs at movie theaters.

Movie studios, however, are not taking so kindly to Blockbuster’s business move, with Warner Bros. the first to crack the whip