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Netflix's Rise Leads to Blockbuster's Bust
Sources News Release
http://www.sources.com/Releases/NR995.htm
Publisher: Richard Martin
Date Written: 26/09/2010
Year Published: 2010
Resource Type: Article
Blockbuster's bankruptcy shows that its business was built around a narrow definition of its value.
Abstract: Blockbuster's bankruptcy shows that its business was built around a narrow definition of its value. Blockbuster defined itself as a chain of video rental stores. Blockbuster experimented with larger locations that offered a variety of in-store entertainment experiences, but this just showed that customers didn't care to hang out in a glorified arcade, when all they wanted was to rent a video for an evening.
Netflix, on the other hand, provides the possibility of watching a video without leavi...
To read the full release go to http://www.sources.com/Releases/NR995.htm
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