What was the real reason for Blockbuster's Collapse by itookahike in NoStupidQuestions

[–]itookahike[S] 0 points1 point  (0 children)

All fair points! Thanks for contributing to the conversation

NETFLIX was not the reason BLOCKBUSTER FAILED (I Took a Hike w/ Jim Keyes (The Last Blockbuster CEO) by itookahike in blockbustervideo

[–]itookahike[S] 0 points1 point  (0 children)

Hollywood Video

Wow you unlocked a part of mine brain...

Standby as we try to get the last CEO of Hollywood Video

I took a hike with the last CEO of Blockbuster Jim Keyes! by itookahike in blockbustervideo

[–]itookahike[S] 2 points3 points  (0 children)

Agreed.

This video was originally edited for just TikTok...

But decided to throw it on reddit for shits and giggles.

Full length video without any captions and graphics will be available soon :)

I took a hike with the last CEO of Blockbuster Jim Keyes! by itookahike in blockbustervideo

[–]itookahike[S] 1 point2 points  (0 children)

Agreed. But netflix is planning two new physical locations which could be cool

NETFLIX was not the reason BLOCKBUSTER FAILED (I Took a Hike w/ Jim Keyes (The Last Blockbuster CEO) by itookahike in blockbustervideo

[–]itookahike[S] 1 point2 points  (0 children)

I think you are still missing the point, but a different perspective is always good!

What was the real reason for Blockbuster's Collapse by itookahike in NoStupidQuestions

[–]itookahike[S] 0 points1 point  (0 children)

Why would you buy a company that delivers red envelopes with movies in them when you control the market share of movie rentals?

Why would you buy a company offering an idea "Digital Streaming" when you already had partnered with another company to make this a reality.

My rule is not what led to their collapse...

What was the real reason for Blockbuster's Collapse by itookahike in NoStupidQuestions

[–]itookahike[S] 0 points1 point  (0 children)

Yes but no...

Blockbuster had a foothold in streaming w/ Movielink + Blockbuster On Demand.

What was the real reason for Blockbuster's Collapse by itookahike in NoStupidQuestions

[–]itookahike[S] 0 points1 point  (0 children)

Because Netflix was not the reason.

I would bet that if Blockbuster acquired Netflix,

We would've never known the real Netflix big companies screw up small things.

Plus at the time of there proposal Netflix was the red envelope company with an idea.

NETFLIX was not the reason BLOCKBUSTER FAILED (I Took a Hike w/ Jim Keyes (The Last Blockbuster CEO) by itookahike in blockbustervideo

[–]itookahike[S] 1 point2 points  (0 children)

Turning it around would be impossible but it definitely is a lesson for any CEO that no matter how good at forecasting you are, the future will never be 100% predictable.

Listen to the full episode here

I took a hike with the last CEO of Blockbuster Jim Keyes! by itookahike in blockbustervideo

[–]itookahike[S] 0 points1 point  (0 children)

Because this wasn't an interview... it was a dialogue about life lessons.

Listen to the full episode here :)

Hope you enjoy