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Is Blockbuster going out of business?

RedBox still loses out in cost/day. And some may want to keep a DVD for a few days in order to go through all of the special features, commentaries, etc.

As a rule, Redbox only stocks the "1 disc" version of the film. The most "special features" you're likely to get are a director's commentary track and MAYBE one of the short featurettes.

Let's assume though they DO keep it for four days. That's within spitting distance of the Blockbuster rental price and they do it without the salary and benefits overhead.

Long story short, Redbox would go out of business if it's basic business model wasn't sound.
 
So, you take your parent's membership card with you to the store. At no point in time did a kid need to physically have a credit card with them to rent at Blockbuster.
 
^You have to have a membership card, not a credit card.

To rent games, the account needs to have a valid credit or debit card on file.

So, you take your parent's membership card with you to the store. At no point in time did a kid need to physically have a credit card with them to rent at Blockbuster.

Same could be said of BBOL. They just log into the parents online account. Also, not to burst you're bubble, but a lot of teens in the 14 to 17 year old age range who do not have an ability to drive, but do have debit cards, rent games but still require rids from parents.


Anyway, this is further expansion of the companies new "hub and spoke" model. Where areas are covered by one or two larger brick and mortar stores who focus primarily on retail and game rentals over movie rentals, with the rest of the area covered at strategic locations with the new BB Kiosks and BBOL filling in the rest. Not sure how it will work out in practice, but it seems like logical thinking on paper.
 
Both Bockbuster and Hollywood/Movie Gallery sat and watched the industry change while thinking they didnt need to adapt because people will always rent at the brick&mortar. Now they are trying to catch up to Netflix, Amazon and Redbox hoping that their "brand" will give them business. Not sure thats going to work. Partially because they don't have the cash flow anymore. Ten years ago when the writing was appearing on the wall was when they should have been looking into new technology and business models. Very shortsighted. Also they're still tryin to appeal to a generation that has outgrown their dated business model while driving away the customers that might still be willing to use it.
 
Blockbuster says it's closing around 900 of its stores by the end of next year.
Nov 07, 2009

Blockbuster said it expects to close at most 115 stores in the fourth quarter. That's in addition to the 216 it has closed through the third quarter.
The company said it will have 2,500 Blockbuster Express vending kiosks by year's end.
Nov.12, 2009


They are completely changing what type of company they will be. It is such a corporate company which is owned by Viacom. They will no longer be a bricks and morter store in every town. In 2009 they changed their corporate branding to "Blockbuster Media" in some stores on the clerk's uniform & store signage.


They are trying every crazy idea they can including a doomed one like this:
Blockbuster to Rent Movies on SD Cards
November 11th, 2009

This post lays it all out what Blockbuster is truly up against.
http://www.trekbbs.com/showpost.php?p=3542824&postcount=8


Eventually they will be reduced to vending kiosks and that's it. RedBox, Netflix, and downloadable video-on-demand (from many content providers) in the next 5 years will seal Blockbuster's coffin.

B&M stores DO have an advantage that kiosks can't touch: bredth of stock. There's only so many titles (and so many copies OF those titles) that you can fit into one of those boxes.

The same for Download on Demand, really. There's always going to be someone looking for an older, or otherwise obscure movie that would not be profitable to stock in a kiosk and/or no one bothered to upload to a server.

Movie outlets are going to have to adopt a "combined forces" approach: kiosks for the "best renters", and b&m stores in conjunction with subscription services for the rest.
 
I'm interested to hear WHY people hate Blockbuster. I've already outline my personal reasons several posts above.

Which apply to you?

-big, impersonal chain
-late fees
-obnoxious/apathetic employees
-selecion
-prices
-all of the above?
 
Both Bockbuster and Hollywood/Movie Gallery sat and watched the industry change while thinking they didnt need to adapt because people will always rent at the brick&mortar. Now they are trying to catch up to Netflix, Amazon and Redbox hoping that their "brand" will give them business. Not sure thats going to work. Partially because they don't have the cash flow anymore. Ten years ago when the writing was appearing on the wall was when they should have been looking into new technology and business models. Very shortsighted. Also they're still tryin to appeal to a generation that has outgrown their dated business model while driving away the customers that might still be willing to use it.

It's not outdated, just in need of a tune up. For all the talk about "automatic" this, and "walk through/drive through" that, we still have b&m bookstores, music stores, resteraunts, etc.
 
Both Bockbuster and Hollywood/Movie Gallery sat and watched the industry change while thinking they didnt need to adapt because people will always rent at the brick&mortar. Now they are trying to catch up to Netflix, Amazon and Redbox hoping that their "brand" will give them business. Not sure thats going to work. Partially because they don't have the cash flow anymore. Ten years ago when the writing was appearing on the wall was when they should have been looking into new technology and business models. Very shortsighted. Also they're still tryin to appeal to a generation that has outgrown their dated business model while driving away the customers that might still be willing to use it.

It's not outdated, just in need of a tune up. For all the talk about "automatic" this, and "walk through/drive through" that, we still have b&m bookstores, music stores, resteraunts, etc.
The large mega Bookstores and music stores are in a similar situation. The music store has pretty much died already. Many bookstores are on shakey ground. I spent over twenty years in retail books and video. The playing field has changed. The big boxs killed the independents. Now "mail order" and downloading is killing the big boxes. Its a digital age and entertainment media is going digital. Music, movies and even books downloaded right to your home or portable device. A hamburger, not so much.

Impulse shoppers, those without creditcards, older people and those leary of sharing "personal information" are among those left fot brick and mortars.
 
The large mega Bookstores and music stores are in a similar situation. The music store has pretty much died already. Many bookstores are on shakey ground. I spent over twenty years in retail books and video. The playing field has changed. The big boxs killed the independents. Now "mail order" and downloading is killing the big boxes. Its a digital age and entertainment media is going digital. Music, movies and even books downloaded right to your home or portable device.

Great if you're a tech-head. For everyone else, not so much. We've been lectured since the late 90s about how everything was "going cyber" and "eCommerce". It's STILL niche. A sizeable niche, but a niche nontheless. Try browsing a book online, for example. For that matter, I remember being told that by now there wouldn't BE any new printed books, that everyone would have a "book pad" that stored chipped or dl'd manuscripts. That didn't happen either.

A hamburger, not so much.

Not that they didn't try. There have been coin op "automat" cafeterias since the 40s, but they never took off. There is and always will be a considerable number of people who want to conduct business with ACTUAL other people involved.
 
The large mega Bookstores and music stores are in a similar situation. The music store has pretty much died already. Many bookstores are on shakey ground. I spent over twenty years in retail books and video. The playing field has changed. The big boxs killed the independents. Now "mail order" and downloading is killing the big boxes. Its a digital age and entertainment media is going digital. Music, movies and even books downloaded right to your home or portable device.

Great if you're a tech-head. For everyone else, not so much. We've been lectured since the late 90s about how everything was "going cyber" and "eCommerce". It's STILL niche. A sizeable niche, but a niche nontheless. Try browsing a book online, for example. For that matter, I remember being told that by now there wouldn't BE any new printed books, that everyone would have a "book pad" that stored chipped or dl'd manuscripts. That didn't happen either.

A hamburger, not so much.

Not that they didn't try. There have been coin op "automat" cafeterias since the 40s, but they never took off. There is and always will be a considerable number of people who want to conduct business with ACTUAL other people involved.

The tech for downloading books is just getting off the ground. The kindle and nook are just the tip of the iceberg. Being a tech-head will no longer be a requirement. No more than being a gear-head is needed to drive a car. Its a cultural shift. Like form the horse to automobiles. Soon the niche will be "hardcopy media"
 
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