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Message
It's amazing how quickly things change (RE: Blockbuster Video)
Posted on 11/10/17 at 8:10 pm
Posted on 11/10/17 at 8:10 pm
In 2004, they operated close to 9,100 stores and employed 84,300 people. 13 years later there are only 10 stores left open and most of those are in Alaska. I got to feeling nostalgic just now, remembering back to those Friday nights I would walk into our local Blockbuster, searching for that perfect movie to watch for the weekend. High speed internet changed the game but I do miss socializing with other teens while hunting for a movie to watch back in the day.
16
Posted on 11/10/17 at 8:25 pm to RollTide1987
13 years? That is a long time. I'm surprised they still have 10 stores though.
Posted on 11/10/17 at 8:27 pm to JinFL
It's over.
Posted on 11/10/17 at 8:28 pm to RollTide1987
quote:
10 stores left open a
That’s 10 more than I thought
Posted on 11/10/17 at 8:32 pm to RollTide1987
quote:
Blockbuster
quote:
10 stores left open and most of those are in Alaska
Posted on 11/10/17 at 8:34 pm to RollTide1987
Right now an exec is probably drinking a whiskey wishing they had pushed forward with the purchase of Netflix.
Posted on 11/10/17 at 8:41 pm to Volvagia
Wonder where we’d be had they done that considering what a trail blazer Netflix has bed
Posted on 11/10/17 at 10:17 pm to RollTide1987
Screw them, they killed the smaller family video stores.
Posted on 11/10/17 at 10:32 pm to RollTide1987
At it's peak (around 2003 / 2004) Blockbuster seemed unstoppable. As dominant as Netflix is right now, will it have a downfall in the distant future?
Posted on 11/10/17 at 10:38 pm to pevetohead
quote:I expect so.
At it's peak (around 2003 / 2004) Blockbuster seemed unstoppable. As dominant as Netflix is right now, will it have a downfall in the distant future?
It pioneered the streaming service, but I think a lot of companies are pulling their stuff out now and starting their own. I think Netflix will have run it's course within 5 yrs
Posted on 11/10/17 at 11:19 pm to RollTide1987
quote:
got to feeling nostalgic just now, remembering back to those Friday nights I would walk into our local Blockbuster, searching for that perfect movie to watch for the weekend.
Thinking about blockbuster brings about the exact same nostalgia for me.
For some weird reason, Abercrombie and Fitch makes me nostalgic as well.
Posted on 11/10/17 at 11:31 pm to Scoob
Netflix built up such a big subscriber base, I think they can weather the storm of networks pulling their material, since Netflix has turned around and put like $7 billion into creating original content, which will offset losing the ‘rented’ content.
I don’t think individual networks will be able to survive the costs of doing it on their own. Streaming services have become very saturated and people are near their breaking point for how many things they’re willing to purchase.
Netflix needs to start purchasing these networks and their content outright.
I don’t think individual networks will be able to survive the costs of doing it on their own. Streaming services have become very saturated and people are near their breaking point for how many things they’re willing to purchase.
Netflix needs to start purchasing these networks and their content outright.
Posted on 11/10/17 at 11:54 pm to RollTide1987
Quickly??? That was 13 years ago
Posted on 11/11/17 at 12:05 am to kciDAtaE
quote:
Quickly??? That was 13 years ago
And Blockbuster went out of business in 2013.
Posted on 11/11/17 at 12:09 am to Scoob
quote:
It pioneered the streaming service, but I think a lot of companies are pulling their stuff out now and starting their own. I think Netflix will have run it's course within 5 yrs
Nah. Netflix reinventing itself as an original content creater that is supplemented by other stuff will keep it going.
Posted on 11/11/17 at 12:16 am to BlueWaffleHouse
quote:
Streaming services have become very saturated and people are near their breaking point for how many things they’re willing to purchase.
This
Posted on 11/11/17 at 12:25 am to Napoleon
quote:
Screw them, they killed the smaller family video stores
Posted on 11/11/17 at 12:43 am to BlueWaffleHouse
quote:
I don’t think individual networks will be able to survive the costs of doing it on their own. Streaming services have become very saturated and people are near their breaking point for how many things they’re willing to purchase.
I think that is exactly what will happen.
They won’t get the revenue for the older stuff that Netflix was willing to pay for it.
So eventually, Netflix will start to get it back.
It’ll never be like the heyday a decade ago though.
Posted on 11/11/17 at 6:36 am to RollTide1987
quote:
I do miss socializing with other teens while hunting for a movie to watch back in the day.
Plus the act of asking an employee to look through the return bin for that hot New Release and the thrill associated with that.
Posted on 11/11/17 at 6:56 am to RollTide1987
That’s how I feel about record stores.
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