I Know What Many Of The Younger Readers On This Websites Are Saying: …WTF Is A Blockbuster?
In The Old Days When Watching A Movie Required A Trip In The Car, Like A Caveman, Blockbuster Was King (Hollywood Video Was Pippa…At Best). It Was The Same Trip Every Week For Most Families. Get In The Car, Drive Halfway, Remember You Forgot Space Jam At Home, Go Back Home, Eventually Get To The Store, Pay Huge Late Fees, Threaten To Discontinue Membership, And Then Leave With 6 New Rentals And A Huge Thing Of Nestle Buncha Crunch.
Netflix Was Something Different, Working With A By-Mail DVD Rental Service With Zero Late Fees. In The Year 2000, This Was Pretty Revolutionary. In Fact, After Just A Few Years, The Upstart Netflix Was For Sale To The Giant Blockbuster For $50 Million (Blockbuster Was Valued At $5 Billion That Year). Blockbuster Management Declined Several Times, Instead Looking To Enter An Early Version Of Pay-Per-View Streaming To Compete. The Company They Partnered With? Enron (…Seriously). Enron Would End The Deal In 2001 Because…Well, You Know.
By 2010, Netflix Was Responsible For 1/3 Of Daily Internet Traffic In The United States And Valued At Over $20 Billion. Blockbuster Was Valued At $24 Million With Over $1 Billion In Debt. However, Blockbuster Didn’t Completely Disappear As There Are Currently 12 Independent Blockbuster Stores Running In Alaska.
Now, As Interesting As This Article Is, Let’s Get Back On Our Netflix Accounts And Find Our Newest Binge Fascination.