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Blockbuster: Doing Deals, but Lagging on Innovation Blockbuster has an interesting history that features repeated episodes of deal-makers using it to make a quick buck rather than focusing on ...
A third of Blockbuster’s $1 billion debt was due to be refinanced in 2009, and Moody’s warned that the company may be unable to refinance its debt. “The probability to fail just was a killer ...
A Look Back At Why Blockbuster Really Failed And Why It Didn’t Have To; Former Blockbuster CEO tells his side of Netflix story; Former rival's advice to Netflix: 'Don't let Icahn get to you' Ex-Blockbuster Boss John Antioco Tapped As Chairman Of Board At Rave Cinemas; JOHN F. ANTIOCO profile at The Wall Street Transcript
Blockbuster [5] is an American multimedia brand which was founded by David Cook in 1985 as a single home video rental shop, but later became a public store chain featuring video game rentals, DVD-by-mail, streaming, video on demand, and cinema theater. [6]
An example of an industry that suffered from marketing myopia is the video rental industry, which was dominated by Blockbuster LLC, an American company, in the early 2000s. Blockbuster failed to adapt to the emergence and popularity of online streaming services, such as Netflix and filed for bankruptcy in 2009. [8]
In 2008, at a time when in-store kiosks with $1 rentals started popping up everywhere, Blockbuster touted its brick-and-mortar business and dismissed the significance of new distribution models.
Clayton Christensen demonstrates how successful, outstanding companies can do everything "right" and still lose their market leadership – or even fail – as new, unexpected competitors rise and take over the market. There are two key parts to this dilemma. Value to innovation is an S-curve: Improving a product takes time and many iterations ...
Any and every company that actually followed his plan and stuck with it succeeded, which is why he is always in demand. The problem is most, and by most I mean something like 80% of the companies ...