Thursday, January 12, 2006

The Death of Blockbuster

LT does remind me of a great story from Slate, about how Wal-Mart outflanked Blockbuster on DVDs (selling DVDs at such low costs that buying instead of renting was just as convenient) and as a result set up the probable death knell for the rental chain - and possibly for all brick and mortar movie rental places, given the growth of Netflix and video on demand.

The piece is another fascinating piece on the movie biz from Jay Epstein. Last week, I mentioned his article on the concession economy driving the movie theater business.

Hollywood's New Zombie - The Last Days of Blockbuster [Slate]
Wednesday Download - Jan. 4 [Jonworld]

1 Comments:

Anonymous Anonymous said...

So, add another company that screwed up but can blame Wal-Mart for their downfall to the growing list. I hear Alec Baldwin is going to stage a Kabalah influenced demonstration to highlight Blockbusters battles against "the man".

2:11 PM  

Post a Comment

<< Home