Netflix on Tuesday sued rival Blockbuster, claiming patent infringement and maintaining that, in the words of a company spokesman, "From top to bottom, Blockbuster has deliberately and willfully copied Netflix's business model." In its filing, Netflix asked a federal court in San Francisco to shut down Blockbuster's online rental service. It also seeks unspecified damages. Shares of both companies fell Tuesday after the lawsuit was filed.
The teaser promises plenty of scares when 'IT' hits theatres later this year.