Posted: Thu Sep 23, 2010 9:01 am
is on its death bed.
This has been expected for some time, but it's the first time the company had to do something publicly. They've always denied being in trouble before.
This isn't so much the fault of digital distribution so much as it's Blockbuster's own fault.
Did you know that they had the ideas and opportunities to beat both Netflix and Red Box to the market in their respective movie distribution methods but passed each time?
Blockbuster will be an example used in future business class of a company that failed because they were unwilling to change their business model.
This has been expected for some time, but it's the first time the company had to do something publicly. They've always denied being in trouble before.
This isn't so much the fault of digital distribution so much as it's Blockbuster's own fault.
Did you know that they had the ideas and opportunities to beat both Netflix and Red Box to the market in their respective movie distribution methods but passed each time?
Blockbuster will be an example used in future business class of a company that failed because they were unwilling to change their business model.