Thought I would share another interesting post I just read about the downfall of Blockbuster and why they should have become the next Netflix. Apparently, at one point Blockbuster blew the opportunity to buy Netflix for "just" $50 million. As we all know, today Netflix has a market cap of almost 30 billion dollars.
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Interesting in depth analysis of Blockbuster's epic fail
- Thread starter Stig5551
- Start date
snobrdrdan
former GTI owner
What's funny is that, the smaller chain, Family Video is somehow still in business though
I rent movies from there now....my cable bill is high enough already, not paying $6 to watch on demand
I rent movies from there now....my cable bill is high enough already, not paying $6 to watch on demand
whitewolf33
Go Kart Champion
Netflix and Redbox are both taking over
I'm considering cancelling the premium channels on my cable subscription. Now that Boardwalk Empire is over, I don't have much use for HBO. I cant remember the last time I found an on demand movie I wanted to watch on cable that wasn't also on Netflix. Redbox is a pretty good deal too. I have a few of those nearby and $1.50 to rent a movie for one day is worth it.
I remember going to Blockbuster and Hollywood video which were both nearby to me. Its a shame none of those companies saw the way things were trending and tried to snatch up Netflix.
I'm considering cancelling the premium channels on my cable subscription. Now that Boardwalk Empire is over, I don't have much use for HBO. I cant remember the last time I found an on demand movie I wanted to watch on cable that wasn't also on Netflix. Redbox is a pretty good deal too. I have a few of those nearby and $1.50 to rent a movie for one day is worth it.
I remember going to Blockbuster and Hollywood video which were both nearby to me. Its a shame none of those companies saw the way things were trending and tried to snatch up Netflix.
ralphykid67
Ready to race!
Anyone who's into finance and investing remembers when Netflix stock plummeted when they started getting into streaming like 4 years ago. The market thought they were crazy and everyone was selling. It looked like the beginning of the end for them.
Now everyone's throwing out their dvd players and getting rid of cable. I think Comcast might be next to follow Blockbuster if they don't adapt. I meet another person just about everyday that tells me they got rid of cable.
Now everyone's throwing out their dvd players and getting rid of cable. I think Comcast might be next to follow Blockbuster if they don't adapt. I meet another person just about everyday that tells me they got rid of cable.
The_Koof1
Ready to race!
The only reason I hold onto cable is for football, basketball and racing. Otherwise I could get by with Netflix and other means.
I didn't have a nearby Blockbuster but I used to go to Hollywood Video all the time to get new movies and video games to rent. Hard to believe they couldn't see where everything was going.
I didn't have a nearby Blockbuster but I used to go to Hollywood Video all the time to get new movies and video games to rent. Hard to believe they couldn't see where everything was going.