Coming up this week, whatever happened to Blockbuster, the video giant. From being on every street corner, and from being an intrinsic part of pop culture life (who didn\u2019t, in retrospect of course, love the panic of having to rewind the video tape before returning it to avoid a fee, so that your parents didn\u2019t yell at you)\u2026 Blockbuster\u2019s death seemed rapid, unceremonious, and kinda sad.
Now, if you ask most people what happened to Blockbuster in the mid 2000s, the instantaneous answer is\u2026. Netflix. Netflix killed Blockbuster.
Ehhh, not quite. While there\u2019s no question that Netflix (and other on-demand video services, like RedBox) were a contributing factor, and perhaps even the coup ge grace, the seeds of Blockbuster\u2019s destruction had been sewn far, far earlier.
What happened in the mid 2000s to Blockbuster was a perfect storm of variables - some within the giant\u2019s control vs others that flew out of nowhere \u2013 which came home to roost. Variables that, when realized concurrently, made decline all but inevitable.
This week I will take you through the decline of Blockbuster: how it happened, why it happened, and whether it could have been avoided.
The Risktory Podcast is created, written, produced and hosted by Jacinthe A Galpin.
Soundtrack (sourced from www.freemusicarchive.org)
Alan Spiljak \u2013 Clouds
Alan Spiljak \u2013 Forgotten
Alan Spiljak \u2013 Light blue
Alan Spiljak \u2013 Empty days
Alan Spiljak \u2013 Stars above
Alan Spiljak \u2013 Not the end
Alan Spiljak \u2013 Sun
Alan Spiljak \u2013 Flying away
Alan Spiljak \u2013 Time
Alan Spiljak \u2013 Fantasy in my mind
Bibliography
https://en.wikipedia.org/wiki/Blockbuster_LLC
https://www.forbes.com/sites/jonathansalembaskin/2013/11/08/the-internet-didnt-kill-blockbuster-the-company-did-it-to-itself/#303d59106488
https://www.forbes.com/sites/gregsatell/2014/09/05/a-look-back-at-why-blockbuster-really-failed-and-why-it-didnt-have-to/#36cd5e1c1d64
https://www.retaildive.com/news/who-really-killed-blockbuster/564314/
https://www.kentucky.com/news/business/article227349884.html
https://globalnews.ca/news/5067378/last-blockbuster-video-store-thriving/
Equipment I use
*RODE NT USB Bundle Pack (mic, tripod and boom arm included) - https://amzn.to/37OZI6T
*Adobe Audition - https://amzn.to/2OjXchn
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