When Netflix Knocks Out Blockbuster, Blame Canada

Ah, Canada. The true north, strong and free, as its anthem sings. Here, Blockbuster's Canadian subsidiary is indeed strong--at least, much stronger than it is in the U.S.--and free--or at least, debt-free. Unlike its American counterpart, which is mired in nearly $1 billion of debt, Blockbuster Canada Co. has remained strong, with more than 450 stores and annual sales around $400 million. But don't expect this success story to last too much longer--Netflix is expanding north, in a move...