Blockbuster is the latest analog player to suffer from a digital drubbing. Oddly enough, Blockbuster could have used 1 quarter’s worth of sales and bought Netflix long time ago, instead, like many companies that shall remain nameless in post, they went into denial mode. Look at the stock chart since Netflix went public:
Worst of all, look at the financial tables of the two firms:
This should not have even been close, but yet, Blockbuster lacked vision, and common sense. Mind you, it won’t be long before Netflix faces similar challenges by new players who go one step further…
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