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Ah yes, the Blockbuster business model. Let's see how it goes for them.
by SturgeonsLaw 10y ago
Ah yes, the Blockbuster business model. Let's see how it goes for them.
- vinceguidry 10y agoI don't know why people attack Blockbuster's business model. Blockbuster had a phenomenal business model, and effective leadership, that lasted 25 years and went through several re-conceptualizations. What happened to it wasn't a human failing. The market simply got disrupted by Netflix. Businesses aren't people, they can't just turn the ship around at a moment's notice. What would you have had them do? Not have ever been in the video rental business in the first place and leave all that money on the table? Have the foresight to see Netflix coming? I can understand why non-techies would use Blockbuster as a symbol for all things tech-disruption-related, but we can do a little better than that I hope.