Ben Ball

Blockbuster Facing Possible Bankruptcy

March 18, 2010

FROM RETAILWIRE:
Back in 2008, we wrote that Blockbuster's CEO Jim Keyes was looking to unlock the chain's potential by creating a deeper connection with customers. Now reports suggest that tightened credit on Blockbuster by movie studios may force the chain into bankruptcy. What do you think the future holds for Blockbuster?      [more...]

The brick and mortar video store has been first up in the path of change to this industry all along. They required the most cumbersome model for consumers and the highest cost in the marketplace to survive. While we have often argued in this space that the pundits touting the inevitable dominance of the digital download are far ahead of their time--and they still are--the time is nevertheless coming. And the most capital intensive competitors will be the first to fall along the pathway to VOD.