Home » Business » Netflix Did Not Kill Blockbuster iTunes Did
netflix

I would like to talk about a common thing people say that really is not correct. The first thing is everyone insists that Netflix killed their favorite local mom and pop video store or the Blockbuster at their local grocery store. This is incredibly not true for someone like me who covers the tech news daily. 

Netflix if you remember did the DVD by mail business with the tagline “no late fees keep the movie as long as you want.” Many people jumped on this bandwagon but a lot did not as well. Netflix’s online streaming at that time was limited to pretty much B movies and no series on their streaming service. Blockbuster started to offer the same kind of services rent movie no late fees to compete and things were still going ok for video store industry. 

Netflix had another hurdle to contend with which was they had to wait 60 to 90 days to start shipping new releases which still gave video stores and Walmart’s a chance to rent and sell new releases to make money. 

The thing that really killed the mom and pop video stores was on demand. When companies like Time Warner and other cable providers let you rent new releases on the day they came out without having to go to the local video store. 

Then Apple popularity of the iPhone really was the final blow to video stores. The fact you could rent a new release right on the go using iTunes without even needing to be home was the final blow to video stores and a big hit to cable companies. 

Amazon, Google, YouTube and many others would start selling and renting new releases on mobile and cloud-based platforms and that becomes the end of the video stores. Many people say it was Netflix that killed video stores I don’t believe that Netflix was the entire reason but was a large part of the end. Netflix was able to offer a large selection using a subscription-based model unlike the old model of rent and pay.  

I think many things contributed to the video store dying out but much of it was to online media and an outdated business model that movie industry hung onto as long as they could. 

Comments

comments

Latest

scribd Subscription Book Services Yes or No?
Write A Great Academic Paper The 10 Apps That Will Help You Write A Great Academic Paper
tech hacks 3 Tech Hacks to Give Your Car Luxury-Like Features
pocketcast Pocketcast App Review
Reliable Hosting Basic Factors of Reliable Hosting Provider

Newsletter

Subscribe to The Technology Geek email newsletter to stay up to date on the latest tech news!

Follow Us

Visit Us On TwitterVisit Us On FacebookVisit Us On GooglePlusVisit Us On PinterestVisit Us On YoutubeCheck Our Feed

Tech Geek Today

Tech Geek Today

MonTueWedThuFriSatSun
     12
3456789
10111213141516
17181920212223
24252627282930
31      
   1234
567891011
12131415161718
19202122232425
2627282930  
       
1234567
891011121314
15161718192021
22232425262728
293031    
       
     12
3456789
10111213141516
17181920212223
       
  12345
6789101112
13141516171819
20212223242526
2728293031  
       
      1
2345678
16171819202122
23242526272829
3031     
    123
45678910
11121314151617
18192021222324
252627282930 
       
 123456
78910111213
21222324252627
28293031   
       
      1
2345678
16171819202122
23242526272829
30      
   1234
567891011
12131415161718
262728293031 
       
   1234
567891011
12131415161718
19202122232425
262728    
       
1234567
891011121314
22232425262728
293031    
       
    123
45678910
11121314151617
18192021222324
25262728293031
       
  12345
6789101112
20212223242526
27282930   
       
      1
9101112131415
16171819202122
23242526272829
3031     
    123
45678910
11121314151617
252627282930 
       
 123456
78910111213
14151617181920
21222324252627
28293031   
       

Archives