The announcement that famed movie rental warehouse Blockbuster is filing for bankruptcy shows a major shift in the movie rental world.
"Blockbuster is still tied to the world of physically distributed goods and media," said Jim Willcox of Consumer Reports. "The landscape has completely changed. There's a lot more competition and a whole generation of people who are very,very comfortable without packaged media."
Willcox said that along with Netflix, which brought the convenience of movies...Full Story