IowaCowboyWant to go back to IowaPremiumReviews:
Xfinity OnDemand is my video store
It's technology like Video On Demand that killed video rental stores. Why wait at a bus stop in the cold and take two buses in each direction to go rent a DVD or Blu-ray with generous late fees for being a couple of minutes late when I can use my Comcast remote to watch a movie using the On Demand feature. They are also competing with public libraries that have a large collection of movies, books and other media that is paid for by local property taxes.
Mullica Hill, NJ
This was the first thing that killed rentals for us. Though no bus was needed, but still why drive to the store when one can hit the on demand button.
market wise, VOD and then Netflix DVD built the coffins and drove the nails. the dirt was shoveled back into the hole by Redbox.
[65 Arcanist]Filan(High Elf) Zone: Broadband Reports
I would say ebay also contributed. Prior to ebay and similar sale websites, getting a movie that was out for several years and not available anymore at your big box stores required going to your overpriced local movie specialty store or movie rental store. Then ebay came out and made buying used movies almost as cheap as renting.
|reply to Kearnstd |
Using your same analogy, if VOD and Neflix built the coffin and drove the nails, blockbusters own late fees were the ones that dug the grave.
I'm not alone in that I stopped using Blockbuster the second there was an alternative that didn't charge exorbitant late fees that were typically 3-4 times the per day rental price. Netflix and Redbox put Blockbuster in the grave but it was their own policies that opened the door for it to happen and I'm not alone in believing it was a well deserved result of a terrible company that deserved to be destroyed by a competitor or two that understood customers. Netflix was the first to capitalize on customer dissent (even though it was arguably more difficult to arrange movies in advance through the mail), RedBox came along and killed the remainder of the business with more convenient locations and reasonable late fees.
|reply to silbaco |
Suncoast! I remember going there, and spending way way too much for some movies that couldn't be bought anywhere else locally. Sure don't miss the prices that laserdiscs were.