Monday, September 06, 2010

Blockbuster gone soon

What can we say. Blockbuster video store will soon be gone. This should not come as any surprise. For example, most of the Red Box rentals are DVD movies. In contrast, Blockbuster video has a store full of blue rays. These are gathering dust as few people rent blue ray due to our poor economy. Yeah, most of us are still waiting to get that giant plasma screen.

Red Box however just rented its one billionth movie. This vending machine has got it going on. There is very little overhead as oppose to a large brick and mortar store, but the future is clicks not bricks as they will find out real soon. Netflix has seen a large demand for streaming movies. Expect Blockbuster to announce bankruptcy soon.

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