It seems that Netflix is suing Blockbuster over copyright infringements on their patented business model of online rental programs. It's pretty crazy since of the 5 million customer base for the industry Netflix dominates about 80% of it.
What's the difference between a monopoly and owning the rights to a business model? It's all very confusing to me. Both companies have a comparable package ,for 17.99 you get unlimited video rental, 3 at a time. Netflix offers several different packages whereas Blockbuster only has the one.
It seems netflix filed for the patent after Blockbuster hopped on the scene. I'm not entirely sure how that will effect the outcome of the suit, but a friend said
Digital Trends covers the lawsuit details a bit more in depth
What's the difference between a monopoly and owning the rights to a business model? It's all very confusing to me. Both companies have a comparable package ,for 17.99 you get unlimited video rental, 3 at a time. Netflix offers several different packages whereas Blockbuster only has the one.
It seems netflix filed for the patent after Blockbuster hopped on the scene. I'm not entirely sure how that will effect the outcome of the suit, but a friend said
Blockbuster had years to come up with something similar but failed to innovateWith the way patent laws operate they should be able to sneak into the same business, but not for several years, and if they lose this suit I highly doubt they'll be able to make a financial comeback. I'll be interested to see what the results of the case are.
Digital Trends covers the lawsuit details a bit more in depth
