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There was no perfect storm for Blockbuster... They were competitive enough to wipe-out the mom and pop movie rental places that were common before them, but th
by Nelson69 12y ago
There was no perfect storm for Blockbuster...
They were competitive enough to wipe-out the mom and pop movie rental places that were common before them, but that was about it. They created a monopoly of sorts and then they milked it. The market was hungry for replacement.
It was a long time ago so some of the details are out of focus in my mind, but the one constant I can remember throughout the 6-9 year time span where by my family and I patronized Blockbuster video (wow, like 20 years ago) was that it was quite a bit more pricey than the independent stores we went to before BB crushed them. I know for fact that the local grocer has a video section and charged $1 a video, I want to say Blockbuster charged $4-$5, like in 1992 to 1995, very nearly as much as a movie ticket of the day cost. I'm sure people can tell tons of stories about how terrible they were but it wasn't a great experience and they charged a lot for it.
If you were a real cinemaphile type too, they had what looked like a large collection, but it wasn't as large as it looked, they sometimes had censored versions of movies.