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Comcast Corporation Message Board

  • baseng125 baseng125 Jan 28, 2011 3:15 PM Flag

    Comcast needs Blockbuster!

    If Comcast expects to move forward and take back market share from Netflix they need to act soon. So the merger of Comcast and NBC is done. What next? Netflix continues to improve on streaming. Blockbuster has redone it's business model and is streaming, amongst or things, themselves. Sure they still have the brick and mortar stores. Blockbuster's future however is looking brighter than ever and most certainly a revenue stream.

    If Comcast were to make a decent offer to Blockbuster most would probably approve the buy-out. The longer Comcast, or any other company that may be currently looking, take the more this will cost them. Think about it for a moment: If Comcast say offered a low ball of $2 Billion they could walk away with the entire company, including overseas business (which I may add is doing very well). That is on the low end also. If they wait until they emerge from bankruptcy, Comcast stands the chance if they decide to acquire Blockbuster of paying twice that or even more. So half now or considerably more later. Investors of comcast would most certainly go with the lesser of the two. After approval of the but out, Comcast has an extra revenue of about $5 Billion. And that is prior to all the new applications, streaming, internet, etc. that Blockbuster is offering.

    Any takes or thoughts from any other investors?

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