Blockbuster News – No More Late Fees

There were shortages of some popular movies at Blockbuster Video this past weekend, as the company eliminated late fees. That means renters can be more leisurely about returning movies. “The Texas-based megafirm eliminated all late fees for rentals, effective Saturday, despite the estimated $250 million to $300 million in revenues they would have generated for Blockbuster in 2005.”

Source: Boston Herald - 01/04/05