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Netflix has also taken a lot more proactive role in nurturing young movie producers with their program - I think it's called Red Envelope or something similar - where they encourage and finance independent films. Blockbuster is a bit more about the money.
The beauty of the Total Access program was that it offered a convenient blend of catalog movies available anytime and new releases since you could exchange your rentals for New Releases in the store. Within the past few months, customers even had the option of having movies rented in the store automatically removed from their queues. The real problem with that is that our No Late Fees policy absolutely decimated the in-store supply of New Releases! No one brings them back!
It really saddens me that Blockbuster is deemphasizing Total Access. It was one of the few areas where I could, for a while anyway, say "See? This is something Blockbuster got right!"
That would've been the best business move ever.
Hindsight is always 20-20, but it seems hard to believe that they'd be worse off than they are now.