The Death Of Blockbuster?

Posted by on Sep 24, 2010 | 6 Comments

There should be an image here!As I read look at this image posted by the Consumerist, which depicts what the demise of Blockbuster looks like, I feel there are few things that were left out. First of all, where is Redbox? Second, Blockbuster is still very much intent on fighting Netflix and Redbox.

Now to be clear, I’d sooner dance naked in a mall food court singing show tunes than go to another Blockbuster. Why? Simple: DVDs and Blu-ray are either borrowed, “Netflixed,” or avoided completely via Amazon Unbox (HD movies) in this household.

Despite my own feelings on the company, there are some things to consider.

1) Blockbuster simply dealt with its debt — it’s not going anyplace… yet.

2) It is now going to be offering movies 28 days sooner than its competitors.

3) It has stores, its online services, and now kiosks like Redbox.

Now for the funny part. It’s too little, too late. While getting movies delivered 28 days sooner is enticing, sadly the combination of no one knowing this and the fact that its online movie services are not quite there yet mean this doesn’t really matter.

Worse, if Blockbuster had not taken advantage of its initial domination of the home movie realm, it might not be in this position now. At its peak, nothing but fees and headaches were being offered. It was expensive and made buying movies much more attractive.

It was given a golden ticket and, sadly, squandered it away into nothing as the newer, hipper companies came along and ate the mighty Blockbuster for breakfast. It’s simply another case of a company trying to do it all, without doing any of it well. I give Blockbuster three years before it is bankrupt for good.

[Photo above by Scott Clark / CC BY-ND 2.0]

[awsbullet:masters of horror box]

  • Floyd

    The Blockbusters in Albuquerque have been closed for at least 2 or 3 months. Netflix, DVD vending machines, and the cable company took all their business.

  • http://erollingdufflebags.com Mike

    I don’t know that the 28 day advantage on new movies is really going to matter long term. I’ve heard that Netflix is overcoming this limitation and will soon be offering movies when they come to DVD.

    Thanks,
    Mike

  • L. Kingsley

    IMHO, Blockbuster and Hollywood Video are both circling the drain.

  • Lance S.

    As much as I used to like Blockbuster and grew up with them, years ago I made the switch to Netflix after my trial. Now I can stream Movies via PC to HDMI (To my TV or Theater) and have the same great quality as a disc (May differ for some). However, for years Blockbuster online existed and only advantage I saw was that you could pick up a move at the store and not wait…

    Goodbye Hollywood Video and Blockbuster!

  • Randy Allen

    What I question is why do they get the new releases when they come out and their competitors can’t? It seems they have been given an unfair competitive advantage, but still can’t recover from their troubles. It doesn’t really matter to me, since I haven’t been in one of their stores in several years. I just plan ahead and have plenty of stuff to watch. Long live Netflix!

  • BCampbell

    Blockbuster is still relatively healthy here in Canada, granted some locations have closed recently. The US Chapter 11 filing had no impact on its Canadian operations. Netflix is just starting up as streaming only model here and is not yet an attractive alternative. Bandwidth will play a big role in its success or failure. Unfortunately, an ISP monopoly is held by companies who have an interest in maintaining their current business models. They want you to rent movies from them and get your television programming through them. As more competition rears its head, they simply throttle our bandwidth. In other words, going to a store to rent a movie is still the norm. It will be interesting to see how Blockbuster uses this position and its foresight from the US on this battlefield.