Compared to Netflix, Blockbuster was anti-consumer.
re: “Compared to Netflix, Blockbuster was anti-consumer.”
I agree. Netflix found a niche by offering a quick and easy way to get movies without having to go to the local video store. They took advantage of the internet and continue to stay “on top” by offering movies through streaming - either through your blu ray or with Wii.
In other words, Netflixs looked for the opportunities that Blockbuster ignored or just didn’t see and now they are paying for it. There has been a paradigm shift and Blockbuster may not be able to catch up. I hope they can because I don’t like seeing all their employees losing their jobs.
To those defending the “mom and pop” video stores and blame Blockbuster, come on! - Blockbuster didn’t drag customers into their stores against their will. They provided a nicer facility, larger inventory, and competative price. The “mom and pop” stores either didn’t adjust or couldn’t adjust, but that’s business. You have to make your business competative and worthwhile to the customer if you want customers to come back.
Blockbuster took advantage of the opportunities they saw, Netflix did the same. If Netflix doesn’t keep doing that they will someday be in the same situation as Blockbuster is now.