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Netflix and Blockbuster

The rise and fall of Blockbuster Video, a once-prominent video rental store chain. It mentions that Blockbuster failed to adapt to the changing market, particularly the shift towards home movie watching facilitated by services like Netflix. Charging high late fees and lacking innovation are cited as some of the mistakes made by Blockbuster. Overall, the description portrays Blockbuster as a company that failed to keep up with the evolving needs and preferences of consumers.

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Netflix and Blockbuster

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  1. Netflix and Blockbuster Once upon a time, when there was no Netflix, there was a Blockbuster Video. In the 90s and early 2000s, one could walk into their huge physical movie video library and choose movie DVDs to watch at home. So big were they that they once had 9,094 stores across the globe. While Blockbuster got people to movies, Netflix reversed it by getting movies to the people by mailing DVDs to the homes of people Then in 2010, Blockbuster FILED FOR BANKRUPTCY While Netflix went to on to become an indispensable part of our life Charging high late fees, unable to adapt to the evolving market of movie watching at home, etc were one of the many mistakes Blockbuster made. According to you, what else went wrong with Blockbuster?

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