Blockbuster drops bid to buy rival video rental chain. (26-MAR-05) Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

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Blockbuster drops bid to buy rival video rental chain.

Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

Publication Date: 26-MAR-05

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Byline: Phyllis Furman

Mar. 26--Good news for movie fans: Blockbuster isn't turning into Godzilla.

Blockbuster, the country's No.1 video chain, caved yesterday, giving up on its attempts to snare rival Hollywood Entertainment.

And that's a positive for consumers. A union of the two might have put too much power in the hands of one Hulk-sized video chain, leading to higher prices and fewer hot titles, show biz experts said.

Many of...

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