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    • Loyal customer base

      • At its peak, Blockbuster had 9,000 stores globally and made $5.9 billion, but today the once-famous video rental company has shrunk to a single store in a small town. The standalone Blockbuster says it's still in operation because of its loyal customer base, citing the fact that the store has 4,000 accounts and signs up new customers each day.

      Blockbuster: the Rise and Fall of the ... - Business Insider

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  3. www.managementtoday.co.uk › why-blockbuster-reallyWhy Blockbuster really went bankrupt, according to its former CEO

    Why Blockbuster really went bankrupt, according to its former CEO ‘It still hurts’: Blockbuster’s former CEO James Keyes tells MT. He explains the “several things” he would do differently to avoid bankruptcy - and what other leaders can learn from his experience.

  4. www.forbes.com › sites › gregsatellA Look Back At Why Blockbuster Really Failed And Why It Didn ...

    Sep 6, 2014 · We all know what happened next. Blockbuster went bankrupt in 2010 and Netflix is now a $28 billion dollar company, about ten times what Blockbuster was worth.

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  6. www.polygon.com › 23654120 › blockbuster-videoBlockbuster might be staging a comeback — and it should

    Mar 23, 2023 · Blockbuster got famously put out of business in the mid-’00s thanks to Netflix and the like, but a cryptic message on Blockbuster.com sparked rumors the ill-video store might be back.

  7. www.businessinsider.com › rise-and-fall-of-blockbusterBlockbuster: the Rise and Fall of the ... - Business Insider

    Apr 24, 2023 · The standalone Blockbuster says it's still in operation because of its loyal customer base, citing the fact that the store has 4,000 accounts and signs up new customers each day. The...

    • Henry Blodget

  8. medium.com › foundada-startup-library › the-failureThe Failure of Blockbuster: 9 Reasons and Lessons

    May 4, 2023 · Reason #1: Lack of Innovation. Explanation of Blockbuster’s Reliance on Physical DVD Rentals. Blockbuster’s business model was based on the physical rental of DVDs and video games through...

  9. www.thedrum.com › news › 2023/02/13How Blockbuster is turning its last ever video shop into a brand

    Feb 13, 2023 · Despite having ceased trading in 2014, the movie rental chain is screening its biggest ad in over a decade during the Super Bowl. We find out why. Yes, you read that correctly, Blockbuster is...

  10. www.yahoo.com › news › rise-fall-blockbusterThe rise and fall of Blockbuster and how it's surviving with ...

    Aug 12, 2020 · But in 2010, after turning down the chance to buy Netflix, Blockbuster filed for bankruptcy with almost $1 billion in debt. So, what happened?

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