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How Blockbuster Could Have Owned Netflix

schnell writes "Your age probably determines whether you think of Blockbuster Video as a fond memory or a dinosaur predestined for extinction. While the last Blockbuster rental at the last remaining Blockbuster video store took place last week, Variety retells a now-classic story of how Blockbuster could have bought Netflix for a song, but didn't because it failed to take the new DVD-by-mail and video streaming markets seriously. Who is next to join Blockbuster, Polaroid, Borders and Best Buy on the ash heap of superseded retail business models?"

385 comments

  1. Who's next? by Anonymous Coward · · Score: 5, Insightful

    Slashdot!

    1. Re:Who's next? by BreakBad · · Score: 2

      With the ability to order life like 'companions' and the plethora of free pr0n I see the oldest occupation falling on 'hard' times. ba'dah bump.

    2. Re:Who's next? by Anonymous Coward · · Score: 5, Funny

      Slashdot!

      Dice, Dice, Baby!

    3. Re:Who's next? by couchslug · · Score: 1

      "Slashdot!"

      Nah, this place is almost as much fun as 4chan and for the same reasons.

      Now how do I Triforce?

      --
      "This post is an artistic work of fiction and falsehood. Only a fool would take anything posted here as fact."
    4. Re:Who's next? by Aerokii · · Score: 1

      Forget it, your UID is too high.

    5. Re:Who's next? by PRMan · · Score: 1

      Considering the volume of bitcoin articles on here, you'd have to think it was PayPal, Western Union and MoneyGram.

      --
      Peter predicted that you would "deliberately forget" creation 2000 years ago...
    6. Re:Who's next? by Anonymous Coward · · Score: 0

      I can almost guarantee it's 4chan. Too much raiding is bad for your lifespan.

  2. Pretty much. by Anonymous Coward · · Score: 5, Interesting

    I remember when netflix first started out, it took blockbuster YEARS to FINALLY get a dvd by mail system, and it was still overpriced as hell.
    They continued to make moves acting as a monopoly, refusing to believe they could ever have any competition.
    This was a fatal mistake.

    1. Re:Pretty much. by FearTheDonut · · Score: 2, Insightful

      This reminds me of Microsoft....

    2. Re:Pretty much. by TWiTfan · · Score: 3, Insightful

      Yes, Blockbuster lagged behind and was a victim of their own hubris, but I'll still miss them. I never was a huge fan of Netflix going to the subscription system for DVD's. I miss being able to go down to a video store and rent a physical DVD/Blu-ray of the latest videos at a flat rate (with better video quality and all the great extra features that you don't get with streaming).

      Unfortunately, Netflix is likely on the verge of abandoning their DVD/Blu-ray by mail program, and special rental versions have all but made extra features an extinct species (still not sure why Blockbuster started buying those and gave up the ONE major advantage they had over streaming services, were they really THAT much cheaper?). One of the great things about DVD's/Blu-Rays (and even before that laserdiscs) were those great commentary tracks and extra features. Sometimes they were better than the movie itself (Cannibal: The Musical, anyone?). Now I'm afraid they're gone for good. No more great commentary tracks and making-of documentaries for us film buffs. And, until bandwidth improves, no more 30mbps 1080p video.

      --
      The cow says "Moo." The dog says "Woof." The Timothy says "Thanks, valued customer. We appreciate your input."
    3. Re:Pretty much. by pnutjam · · Score: 3, Interesting

      I'm glad to see those making-of and the "Let me tell you why I'm so great" extra features go away. I found them pretentious and irritating.

      However, I'm not a huge movie buff, so take my opinion for what it is worth.

    4. Re:Pretty much. by fermion · · Score: 4, Interesting
      I recall reading an article about the guy who built blockbuster. He was originally in trash. That is, he rented the big bins for commercial trash. He stated that blockbuster and trash collection were basically the same thing. One has some initial investment that does not degrade much over time, and after a while that investment is covered with rental fees. After that it is pure profit. So the idea of blockbuster was to turn over product as quickly as possible to pay for the initial product and get into a profit position. Obviously things like late fees helped. The idea of paying a flat fee for as much product as you wanted for as long as you wanted did not.

      Of course this guy has long left Blockbuster and is doing other things, so there was room for new management to do other things. OTOH, I can see how blockbuster might be attached to their original business model, brick and mortar and all that. Really what has killed them is the long term decline in the value of movie you watch at home. There was a time when you were paying $50-100 to buy a video, so paying $5 to rent it was a value. Eventually studios realized how much money they were leaving on the table, dropped prices for many movies, and cut sweetheart deals with blockbuster, which further eroded the value of home video, and made Blockbuster prices seem expensive. Finally the internet made movies free, Netflix figured out how to compete with free, and blockbuster did not. Really, blockbuster, like other firms simply could not keep the legacy structure and succeed.

      --
      "She's a scientist and a lesbian. She's not going to let it slide." Orphan Black
    5. Re:Pretty much. by L.+J.+Beauregard · · Score: 4, Interesting

      What I most dislike about the rental versions is that they often have trailer after trailer and they disable the "skip this" button. (Note to DVD vendors: DO. NOT. DO. THAT. If I choose to skip the trailer, you have already lost the sale. Giving me that damned icon instead of doing as I asked only annoys me.)

      --
      Ooh, moderator points! Five more idjits go to Minus One Hell!
      Delendae sunt RIAA, MPAA et Windoze
    6. Re: Pretty much. by Anonymous Coward · · Score: 1

      Why are you blaming DVD vendors? Blame your DVD player for strictly following some code instead of what you're explicitly telling it to do. Or blame the DVD patents that are used to force licensed DVD players to do this. Or just play the DVD on your computer using software that does what you tell it to do.

    7. Re:Pretty much. by Mr+D+from+63 · · Score: 1

      Back around 2000, I and a potential partner seriously explored owning a Blockbuster franchise. I eventually concluded that technology would be its downfall and backed out. In retrospect, It seems like a my vision was correct technically, but I probably still would have made some good money. The success story of Blockbuster is more interesting to me than the demise.

    8. Re: Pretty much. by MysteriousPreacher · · Score: 3, Interesting

      No, blame both DVD vendors.

      They know a big chunk of DVD players will honour the UOP, yet they choose to include it. DVD vendors are not at legal risk for ignoring UOP, while DVD manufacturers who don't honour UOP could find themselves being hassled in the US.

      Where DRM is optional, it's the content creator who decides to use it that is at fault. Same with region coding.

      --
      -- Using the preview button since 2005
    9. Re:Pretty much. by Grishnakh · · Score: 2

      I never was a huge fan of Netflix going to the subscription system for DVD's. I miss being able to go down to a video store and rent a physical DVD/Blu-ray of the latest videos at a flat rate (with better video quality and all the great extra features that you don't get with streaming).

      Here's a clue for you: Redbox.

    10. Re:Pretty much. by TWiTfan · · Score: 2

      The selection is Redbox is a joke compared to Blockbuster. Blockbuster carried a lot of smaller, older, and indie titles that Redbox would never carry in a million years. Redbox is great if you're looking to rent a copy of the latest superhero-movie-of-the-moment, not so great if you're looking for the latest indies (which Blockbuster would usually carry at least a few copies of).

      --
      The cow says "Moo." The dog says "Woof." The Timothy says "Thanks, valued customer. We appreciate your input."
    11. Re:Pretty much. by Anonymous Coward · · Score: 0

      -i Wishful thinking

    12. Re:Pretty much. by Anonymous Coward · · Score: 0

      The difference between being a brick-and-mortar rental place to an on-line rental place is so huge that I think this is more an example of a company over-extending itself rather than seeing the writing on the wall and trying to maximize the profitability during its decline. Businesses don't have to be run into the ground in an attempt to outlive their original purpose, although for some reason it's become standard practice. Imagine the difference if company leaders were aware enough to say, "Our business was based on a completely different market and that market is in an unstoppable decline. We had a good run, we made a ton of money, here's your share."

    13. Re:Pretty much. by paiute · · Score: 1

      I'm glad to see those making-of and the "Let me tell you why I'm so great" extra features go away. I found them pretentious and irritating.

      Yes, there were many special features which consisted of the stars and director as talking heads talking about how awesome they others were to work with blah blah blah. But there were also gag reels, demonstrations of how the technology was used, interviews with costume designers, etc. One of the best was an interview with the foley artists - I forget which movie, maybe Wall-E - which was in depth and quite fascinating.

      --
      If Slashdot were chemistry it would look like this:Cadaverine
    14. Re:Pretty much. by jjjhs · · Score: 1

      Not everyone has access to broadband, or have something with ridiculously low caps and high overages like 4G LTE, so they are stuck using DVDs by mail. So the issue can't be bandwidth 'improvements' if there's no access to it at all to begin with.

    15. Re:Pretty much. by Grishnakh · · Score: 3, Insightful

      Here's what you said before:
      I miss being able to go down to a video store and rent a physical DVD/Blu-ray of the latest videos at a flat rate

      Redbox has all the "latest videos", which to most people, colloquially means "all the latest Hollywood fare".

      If you want indie stuff, that's what Netflix is for. If you want indie stuff right now, without a wait, then you need to buy it on Amazon or wherever, and pay for same-day or overnight UPS shipping since you're such a spoiled ass. Expecting the market to support thousands of stores nationwide to rent indie videos at absurdly high prices is unrealistic. Obviously, there's not enough people willing to pay for such a service to keep it afloat.

    16. Re: Pretty much. by iamhassi · · Score: 1

      Blockbuster could have succeeded had they made the correct decisions in the early 2000s. They could have started with DVDs by mail and then offered streaming like Netflix did and still kept their stores. There is still a gaping hole for video game rentals. Redbox offers a extremely limited selection of console games, and no one offers 3ds or Sony Vita games to rent except by mail from Gamefly. But even games will probably become download only in the future, only question is what pricing model will survive, the $1 game from app store or $50 games on consoles?

      --
      my karma will be here long after I'm gone
    17. Re:Pretty much. by mcgrew · · Score: 1

      They continued to make moves acting as a monopoly, refusing to believe they could ever have any competition.

      That's what killed them here in Springfield. $4 rentals when Family Video was across the street with $1 rentals. They've been gone for a decade now, FamVid not only going strong but they branched out to a completely new business, the dollar store. But the video rentals are still going strong, too.

    18. Re:Pretty much. by Anonymous Coward · · Score: 0

      Yes, Blockbuster lagged behind and was a victim of their own hubris, but I'll still miss them.
      I miss the local indie video store (even though I haven't gone to one since signing up for netflix dvds by mail... better selection, more convenient). Blockbuster, however, I don't miss at all. They never had a decent selection of indie movies; they only carried censored versions of movies, they would refer you to collection agencies for a one week old $2 late fee. Their employees were neither knowledgeable nor helpful. They sucked. I'm glad to see them go. Maybe now, where there still is a market for a brick and mortar video rental store, independent stores can fill in the gap.

    19. Re:Pretty much. by ScottCooperDotNet · · Score: 1

      Or BlackBerry/RIM...

    20. Re:Pretty much. by Anonymous Coward · · Score: 0

      [Life without fast/locally-obtained optical discs] And, until bandwidth improves, no more 30mbps 1080p video.

      Not so. You can have any resolution and bitrate that you want, no matter how fast/slow/latent/otherwise_busy your network connection is. All you have to do, is forego the technological cul-de-sac of video streaming, that is sold by luddite companies such as Netflix. And instead, switch to doing things the sensible, modern way: asynchronous not-real-time downloads. Google "CouchPotato" for the basic idea (which also happens to be one of its more popular implementations, but there are a few others).

      Streaming. *chuckle* No, it's gets funnier: proprietary streaming, which isn't even compatible with my player software. *LOL* Oh, Hollywood, just how stupid do you think we are, and how low do you think are our standards? Netflix would have been a cool idea in 1993 but by 2013 standards, this shit is totally unacceptable.

    21. Re:Pretty much. by Sarius64 · · Score: 1

      Oh Redbox!

      The McDonalds of the future! Really, I cannot wait for completely automated fast food.

      My favorite modern robot quote:

      "Using Lettuce Bot can produce more lettuce plants than doing it any other way," said Jorge Heraud, the company's co-founder and CEO.

      Agriculture Industry Looking To Replace Farm Workers With Robotic Machines

    22. Re: Pretty much. by Mr+D+from+63 · · Score: 1

      Blockbuster biggest barrier was their franchise structure. How to you share the mail order rental revenues with the individual franchise owners? Its a difficult thing to accomplish, and I believe that structure is central to there resistance, or inability, to change the business model.

    23. Re:Pretty much. by Grishnakh · · Score: 1

      I'd like to have automated waiters, even in higher-end restaurants. Most waiters aren't that great; they take too long to refill your drinks or bring you things, and they mess up your order sometimes. I'd rather these things be done by automation.

    24. Re:Pretty much. by Anonymous Coward · · Score: 0

      I'm glad to see those making-of and the "Let me tell you why I'm so great" extra features go away.

      Why? Did their existence on the disc somehow detract from your viewing experience of the movie?

      I guess it could be argued "their existence drove up the price of the disc", but that seems a little far-fetched.

    25. Re:Pretty much. by TWiTfan · · Score: 1

      Redbox has all the "latest videos", which to most people, colloquially means "all the latest Hollywood fare".

      They do release new indie and smaller titles too. Not every new DVD is some Avengers movie.

      Expecting the market to support thousands of stores nationwide to rent indie videos at absurdly high prices is unrealistic.

      Blockbuster's prices were exactly the same as Amazon's for an HD movie ($4). And with Blockbuster, you got better video quality (blu-ray blows away Amazon's HD quality), some extra features (though increasingly rare with those lousy rental discs, unfortunately). And many of Blockbuster's newer titles were 5-day rentals too (as opposed to the 48-hour window with Amazon). So, hardly "absurdly high prices."

      I say it again: something was lost with the death of Blockbuster. Online streaming may be more convenient, but it's definitely not better. Now maybe someday, with increases in bandwidth (allowing for better video quality) and if they start throwing in extra features, online streaming will catch up. But for now, it's a real loss for a lot of us.

      --
      The cow says "Moo." The dog says "Woof." The Timothy says "Thanks, valued customer. We appreciate your input."
    26. Re:Pretty much. by pspahn · · Score: 1

      Try marriage. At least that way if your order gets messed up, you're welcome to leave a simple backhand that will likely correct things. Eating in is cheaper (and more private!) anyways.

      --
      Someone flopped a steamer in the gene pool.
    27. Re:Pretty much. by TWiTfan · · Score: 1

      It's funny, but Blockbuster in my area was about about the *only* store where you could find indies. The others were too small, and just carried the latest blockbuster stuff. The only other store around here that had any indies was one near the local college, but it was a dirty shithole with surly staff, a haphazard selection, and only one copy of everything.

      --
      The cow says "Moo." The dog says "Woof." The Timothy says "Thanks, valued customer. We appreciate your input."
    28. Re:Pretty much. by AvitarX · · Score: 1

      I always eat at the bar for parties of 3 or less, because WTF is wrong with waiters, fill my damned drink, at $5/glass, getting one or 2 extra rounds for a table is decent pocket money (4*2*5*.2 is $8 minimum), and making be happy will bring up the tip too.

      Bartenders always seem to understand this, so I sit at the bar.

      --
      Wow, sent an e-mail as suggested when clicking on "use classic" banner, and got a fast response that addressed my msg
    29. Re:Pretty much. by Anonymous Coward · · Score: 0

      ...you've never heard of xbmc, navi-x, 1channel, have you? Downloads *chuckle* Why bother downloading when you can stream and be done...downloading is so 2011, step up to where it's really at, rookie.

    30. Re: Pretty much. by cayenne8 · · Score: 1

      No, blame both DVD vendors.

      With Bluray out for so long now, do people actually rent/buy and watch DVD anymore?

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    31. Re:Pretty much. by cayenne8 · · Score: 1

      I always eat at the bar for parties of 3 or less, because WTF is wrong with waiters, fill my damned drink, at $5/glass, getting one or 2 extra rounds for a table is decent pocket money (4*2*5*.2 is $8 minimum), and making be happy will bring up the tip too.

      Bartenders always seem to understand this, so I sit at the bar.

      And this way, you're also closer to the person pouring your drinks, and your tip (and personality) can directly influence the pour of your beverage which is a benefit too!! Plus, the bartender gets your full tip, not a % of the servers tip at the end of the night for this meal.

      But only for 1-2 people really, a bartender isn't usually set up to wait on a TON of people for food and drinks, ANd run the service bar for the waiters.

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    32. Re: Pretty much. by Anonymous Coward · · Score: 0

      Unfortunately for Blockbuster they had no John Sculley to save them from themselves.

    33. Re: Pretty much. by turgid · · Score: 1

      Or just play the DVD on your computer using software that does what you tell it to do.

      Arrrr! Shiver me timbers, walk the plank!

    34. Re:Pretty much. by unrtst · · Score: 2

      I say it again: something was lost with the death of Blockbuster. Online streaming may be more convenient, but it's definitely not better.

      I'm happy to see Blockbuster go, but only because that keeps the door open for mom-and-pops video rental places. In my experience, they're cheaper, friendlier, less strict on late fees and such, and the selection is great (rather than 100 copies of the latest blockbuster, there's a couple, and a couple of all kinds of other stuff too), and they can order stuff in if asked.

      That said, I think there's a huge missed opportunity from the cable companies. Technically, they should be able to offer on demand of all programming they offer, at least for a few days past air date. Localize the data in existing distribution points. They're already pulling the data down there. The on demand would only use the last mile. Should be cheaper and faster than what anyone else can offer. It'd be like Akamai, but the incoming data feed is already there, and they could have far more distribution and no need for renting their own space (ie. much cheaper). Content licensing is another issue, but I'm ignoring that cause it's an artificial barrier :-)

      Oh well, let's burn up a ton of bandwidth from end to end and shut down the reasonable businesses. Heck, if cable/satalite wasn't so (artificially) expensive, much of the streaming would never have happened.

    35. Re: Pretty much. by BoogeyOfTheMan · · Score: 1

      Yes. From personal expericne, my father bought a PS3 for video streaming, but still buys DVDs even though his PS3 will play bluray. My boss went to the store to buy a DVD player, bought a bluray player because it was on sale, and still buys DVDs (although now that I think about it, he bought it to show local nature and tourist videos, which only appear to come on DVD). My mom is kind of a lost cause, she was still buying non-widescreen DVDs even after she got a widescreen TV. I had to explain to her and then show her the differences, and yet she still buys them occasionally for some reason. At least I got my stubborn, stuck-in-his-ways step dad to watch the HD channels on cable after I hooked everything up correctly for them. I don't know why people buy a 40+in HD TV, pay extra for HD from the cable company, and yet still watch programming in SD.

      Anyway, yes, people still do buy DVDs. It makes me cry a little inside.

    36. Re:Pretty much. by ArbitraryName · · Score: 1

      There was a brief period where Blockbuster Online was actually superior to Netflix. When you returned one of your mail order rentals to a BB store you would get a free rental. That was the best of both worlds as far as selection and convenience. I don't remember it ever being significantly more expensive than Netflix, and the in store rentals more than made up for any small difference.

    37. Re:Pretty much. by Anonymous Coward · · Score: 0

      Waiters are busy. That's what's "wrong" with them. No waiter is ever standing around bored at anything close to a busy time. You don't think waiters know how that higher checks equal higher tips? You think that they could get in more rounds of drinks but they're just too lazy to? Don't be stupid. That you lack this basic knowledge makes me think you never worked in foodservice and are probably a shitty, whiny customer anyway.

    38. Re:Pretty much. by therealobsideus · · Score: 1

      I will miss being able to walk around a movie store and just see what's available - from new releases, to classics, to random indie or foreign films. Sure, I can probably find most of that on Netflix and their recommendation system isn't too shabby, but it doesn't replace that experience of walking around and talking to other movie watchers in person.

    39. Re: Pretty much. by therealobsideus · · Score: 1

      Probably because most STBs are complicated as all hell and with each software update manage to mess things up on HD channels. Plus, HD channels experience a little lag when channel flipping that SD channels don't experience (usually).

    40. Re: Pretty much. by cayenne8 · · Score: 1

      Probably because most STBs are complicated as all hell and with each software update manage to mess things up on HD channels. Plus, HD channels experience a little lag when channel flipping that SD channels don't experience (usually).

      I've not seen this difference in channel surfing speed on ATT Uverse....

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    41. Re:Pretty much. by Anonymous Coward · · Score: 0

      I may be a shitty customer, wanting all the alcohol and all, I am not whiny, I simply don't go to the places where I am not given enough rounds of drinks, I still tip 20% - 30%, and give no gruff to the waiter or other staff, I'm simply baffled at the frequency at which large amounts of personal money are left on the table when I go out in a party of 4 (the plus side is I save a lot of money when transitioning from 3 to 4 people when going out).

    42. Re: Pretty much. by therealobsideus · · Score: 1

      Lucky you, but I have :P

    43. Re: Pretty much. by Altrag · · Score: 2

      As long as dvds are $5-10 cheaper than the bluray equivalent, you can bet people will still buy them. I'm not entirely sure why they don't just price the two the same and drive dvds out of the market -- I can't imagine its cheap to run two production streams for basically the same thing never mind the shelf space issues for retailers. I understand trying to bilk early adopters but bluray is long past the "early adopter" phase.

      I could kind of understand it if they were just hoping the late adopters would turn around and re-buy all of their movies on bluray when they finally make the switch but that seems like a dead-end thought pattern. These are the people who were too cheap to buy a bluray in the first place so at best they're going to wait until things are on sale and basically not be paying much more than the initial price difference except delayed by potentially years.

      But whatever. In the meantime I just have to be careful to get the right damned version of things. Amazon in particular is horrible for trying to sell me the dvd versions of whatever even though I buy exclusively bluray titles (and obviously own a ps3 based on my game purchases.. if their algorithms were smart enough to realize that the ps3 can play blurays.) That is, I mostly buy bluray titles. Occasionally they'll catch me when I'm not paying enough attention and I'll end up buying the wrong version. That's a right pissoff when that happens.

    44. Re:Pretty much. by jrumney · · Score: 1

      Blockbuster in the US must be different than the rest of the world. I was reading TFS, thinking who in their right minds would have "fond memories" of the McDonalds of video rental stores, which consisted of one wall of new releases (half of which was dedicated to the top ten), and another wall of top ten titles from the past couple of years. Then a rack in the middle with a few other titles that seem popular enough to keep around. If you wanted indie films, the local mom and pop video store was the place to go. Unfortunately, they were the first to suffer due to downloads, as the unwashed masses all want the latest blockbusters that the mom and pop doesn't have the bulk buying power to be able to invest in a large enough quantity of to ensure they always have some copies on the shelves over the short term that it will remain popular.

    45. Re:Pretty much. by mattack2 · · Score: 2

      trailer after trailer and they disable the "skip this" button.

      The funny thing is, movie trailers are one form of advertising that I *really* like, but I want to be able to watch it when I want to watch. I actually also REALLY like it when the trailer(s) for THE SAME MOVIE are contained on the disc. It's entertaining (for me) to compare the actual movie with the trailer(s). Whether they "put the funny two chunks into the trailer", or more interestingly to me, show sections of the movie completely out of order in the trailer.

      ANYWAY, about the "forced" trailer watching. You can get past it on most DVDs (I don't have enough experience with BluRays to know if it's common) with an unhacked player by one or more of the following:
      *) skip forward (I realize that's what you tried)
      *) TOP MENU
      *) DVD MENU (never read the spec to see why there are two separate buttons.. IIRC, most DVDs don't handle them differently)
      *) fast forward
      *) stop then play

      Yeah, sounds like a pain, but I'm used to just trying them in succession.

    46. Re: Pretty much. by mattack2 · · Score: 1

      pay extra for HD from the cable company, and yet still watch programming in SD.

      I don't think there's an extra charge for a lot of people anymore.

      One reason I still watch programming in SD is for space reasons. If I had infinite storage (and perfect backups!), I would record everything in HD. As it is now, esp since I record way more than I can watch during the main TV season (so I have "new to me" shows throughout the year), I want/need lots of storage. Yes, external hard drives are cheap, and I *am* doing that, but the newest Tivos can currently 'only' take a 3 TB drive internally.. I know that's a TON of stuff, but when you record a lot of shows and keep them for rerun season, it's not as much as it seems!

    47. Re: Pretty much. by mattack2 · · Score: 1

      $50 games on consoles? I always wait until they're $20 or less, new. There's way more games than I have time to pay, so just like "wait for it on DVD" for HBO shows (though I actually DO have HBO "for free" in my current cable package, and have used On Demand HD for it a few times), there's way more than I have time to play/watch.. So the high original price doesn't affect me. Just "buffer up" a 6 month or year wait once.. then you have tons of cheap new to you content! (games or movies)

    48. Re:Pretty much. by Anonymous Coward · · Score: 1

      I miss being able to go down to a video store and rent a physical DVD/Blu-ray of the latest videos

      If that's how you remember Blockbuster, then I think your memory is clouded or a rather rare situation.
      Here's what it was REALLY like.

      Arrive at the store to find all the "new releases" are already rented out.
      Hang around the returns area for an hour, maybe get lucky and grab a copy before it gets shelved, fend off enraged middle aged mothers attempting to physically push past you to get the copy for the screaming child located nearby.
      Attempt to rent, but are told by the unwashed minion at the counter that you have $2,763.42 in late fees for a film you allegedly did not return two years ago, the last time you broke down and visited the store.
      Fend off children with grubby fingers who are running wild and unattended.
      Obtain the serial # for the "missing" title. Walk to shelf, locate the allegedly "unreturned" rental.
      Return to the counter, dodging more rampant children, get accused of just now bringing it back.
      Insert bad noise with manager here. Ignore dirty looks from nearby parents.
      Late fees "credited" (as opposed to wiped), movie in hand, skip past the snackfood which is marked up 300%.
      Avoid cloud of pot smoke near the back door from the employees who are on break.
      Get home, watch movie. 20 minutes from the end, movie starts to skip, then errors out. Check disc, it has scratches. Store already closed.
      Return to store the next day. Be greeted by skeptical, unwashed minimum wage high school kid at register. Get accused of either a) lying about the movie not working, b) being the one who damaged the disc, or c) both.
      More bad noise with management.
      No available copies of the movie you wanted to watch. But there are 500 copies of Speed, starring Keanu Reeves. Decide that today is not the day you wish to commit suicide, so leave store with coupon good for 1 free "low-end" rental at 1/4 the value of what you spent for the new release.
      Dodge three drunken high school friends of the clerks who are in the process of re-creating The Fast and the Furious in the parking lot.
      Vow to not return for at least another 2 years.

      Seriously, Blockbuster failed because they put all their eggs into the rental basket and failed to diversify their business. They had terrible customer service and did a piss-poor job of making sure people had a good experience. They are a poster child for everything you do not want to do as a business, and there are plenty of other businesses still providing brick-and-mortar rentals who learned from BB's mistakes and are still doing just fine.
      So, fuck 'em.

    49. Re: Pretty much. by Anonymous Coward · · Score: 0

      So you can beat your wife to your heart's content!

    50. Re:Pretty much. by TWiTfan · · Score: 1

      The Blockbusters in my area were very large stores, with many, many shelves of titles--including plenty of indies and smaller stuff (though not as many copies as they would stock of the big stuff, but more than enough). What you're describing actually sounds like most of the old mom&pop stores that Blockbuster pushed out here (a few shelves for newer stuff with blockbuster movies only, a bunch more shelves of older mainstream stuff, and almost no indies). Blockbuster here was easily the best place to find indie and smaller movies. Only one old mom&pop here ever had indies, and it was a little shithole that would usually only buy one copy of everything.

      As an indie fan, I still remember the first time I walked into a Blockbuster here and found that they had the latest John Sayles movie in stock. That was the greatest shit since sliced bread to me.

      --
      The cow says "Moo." The dog says "Woof." The Timothy says "Thanks, valued customer. We appreciate your input."
    51. Re:Pretty much. by TWiTfan · · Score: 1

      I've been going to Blockbusters here since the 90's (as recently as just a few weeks ago, actually), and very rarely had any of those experiences. Maybe I just happen to live near some exceptionally good franchises, but their service and selection blew the shit out of the old mom&pops here. I think if anything is getting romanticized in people's memories, it's the mom&pops.

      --
      The cow says "Moo." The dog says "Woof." The Timothy says "Thanks, valued customer. We appreciate your input."
    52. Re:Pretty much. by antdude · · Score: 2

      I wished Netflix had a non-subscription payment system. I rarely watch stuff these days. I like Amazon and iTunes for their on demand payments. However, I dislike buying videos that I have to keep forever. I only want to watch them once at a cheaper price!

      --
      Ant(Dude) @ Quality Foraged Links (AQFL.net) & The Ant Farm (antfarm.ma.cx / antfarm.home.dhs.org).
    53. Re:Pretty much. by g1zmo · · Score: 1

      I have no knowledge of their content selection (I think it's only movies, no TV shows), but Vudu uses the pay-per-view model you're looking for.

      --
      I have found there are just two ways to go.
      It all comes down to livin' fast or dyin' slow.
      -REK, Jr.
    54. Re:Pretty much. by antdude · · Score: 1

      Yeah. Only movies? Do they have many like indies, old ones, etc.?

      --
      Ant(Dude) @ Quality Foraged Links (AQFL.net) & The Ant Farm (antfarm.ma.cx / antfarm.home.dhs.org).
    55. Re: Pretty much. by squiggleslash · · Score: 1

      DVD players are ubiquitous. They're in cars, in bedrooms, in laptops, there are those little portable DVD players with the built-in screens, and they're even built into some TVs. Blu-ray players are in some (most? Hard to tell) living rooms, and the occasional bedroom.

      If a content maker was stupid enough to discontinue DVD support in 2013, they'd lose most of their disc-based sales, and probably contribute to the demand for piracy at the same time. And that's not to mention the fact that DVDs are cheap to make, while Blu-ray discs are relatively expensive.

      --
      You are not alone. This is not normal. None of this is normal.
  3. Typical by PPH · · Score: 3, Insightful

    Some business people look inwards to optimize their existing business in search of profits. Others look at how the market around them changes. Changing ones business model is stressful and not something everyone can do.

    Besides, as an investor, I'd rather put my money where I think the market is going. If management keeps changing focus, I never know what I'm pursuing. Let the Blockbusters of the world rise and fall. I'll buy in or cash out of the trends as I see them.

    --
    Have gnu, will travel.
  4. Every print magazine left. by Narcocide · · Score: 5, Funny

    Followed shortly thereafter by the USPS, unless Amazon just outright buys them.

    1. Re:Every print magazine left. by The+Phantom+Mensch · · Score: 5, Interesting

      I'm not sure I'd right off the USPS. Their parcel business seems to be growing rapidly, with very competitive prices for small fixed price boxes.

      I think the big shopping mall anchor stores (Macy's, JC Penney, etc) are all likely to fail in the next 20 years. Sears is already a dead man walking, Penney's is close and the others are living on borrowed time.

    2. Re:Every print magazine left. by spire3661 · · Score: 1

      Goddamnit, USPS is not supposed to be profitable. Its a function of the Republic.

      --
      Good-bye
    3. Re:Every print magazine left. by Guido+von+Guido+II · · Score: 1

      I'm not sure I'd right off the USPS. Their parcel business seems to be growing rapidly, with very competitive prices for small fixed price boxes.

      In Canada, I greatly prefer Canada Post to UPS or any of the other corporate carriers like DHL. I've had carriers stick my packages in the mailbox (which is fine) and fake a signature (which is not). They ring the doorbell and walk away without leaving a note to tell me they were here. If I'm home I have to run to the door to have any chance of catching them. Sometimes they leave my packages sitting on my front door (I live downtown on a busy street). With UPS and DHL, sometimes I have to go out to the burbs to pick up a package I missed, sometimes they leave it at a local location.

      With Canada Post, though, it's almost always smoother and more pleasant. If I'm not home the package either goes into the mailbox or I get a note to pick it up the next day someplace local.

      I think the big shopping mall anchor stores (Macy's, JC Penney, etc) are all likely to fail in the next 20 years. Sears is already a dead man walking, Penney's is close and the others are living on borrowed time.

      This will be interesting. I'm not sure that *all* of them will fall, although I think most of them will. As tepples said, fitting rooms are pretty damn useful. However, the stores that survive might be smaller, clothing-specific stores like Old Navy or Eddie Bauer.

      Sears has been horribly mismanaged for a long time. Even if department stores were healthy I think they'd be in trouble.

    4. Re:Every print magazine left. by alexander_686 · · Score: 1

      On the other hand, the USPS is not supposed to losing money. It is supposed to be self-sufficient.

      It might make more sense to have direct subsidizes from the government to provided universal access in the more remote areas.

    5. Re:Every print magazine left. by Anonymous Coward · · Score: 0

      It should be profitable and run as a business.

    6. Re:Every print magazine left. by Bill_the_Engineer · · Score: 1

      In Canada, I greatly prefer Canada Post to UPS or any of the other corporate carriers like DHL. I've had carriers stick my packages in the mailbox (which is fine) and fake a signature (which is not).

      UPS just sucks. I had packages sent to me marked "Signature Required" and come home to find that package sitting out in the open at the front door.

      --
      These comments are my own and do not necessarily reflect the views or opinions of my employer or colleagues...
    7. Re:Every print magazine left. by Anonymous Coward · · Score: 0

      I'm not sure I'd right off the USPS

      It's "write off". It's an accounting term.

    8. Re:Every print magazine left. by Anonymous Coward · · Score: 0

      I have not once purchased clothing online. And never will.

    9. Re:Every print magazine left. by Imsdal · · Score: 2

      I'm not sure I'd right off the USPS

      It's "write off". It's an accounting term.

      It's "right off". It's a mafia term.

    10. Re:Every print magazine left. by Anonymous Coward · · Score: 0

      I just read a story about how Amazon shipping may start including Sundays because they talked USPS into Sunday delivery for their packages (in some test markets).

      USPS is apparently in on the new retail model of shipping things straight to the customer. I wouldn't write them off.

      Plus they have the backing of millions of older folks who value letters. Which, admittedly, are being replaced by electronic communication that there is absolutely no way USPS could have monetized (since no one else can manage to do that).

    11. Re:Every print magazine left. by nwf · · Score: 1

      In Canada, I greatly prefer Canada Post to UPS or any of the other corporate carriers like DHL. I've had carriers stick my packages in the mailbox (which is fine) and fake a signature (which is not).

      UPS just sucks. I had packages sent to me marked "Signature Required" and come home to find that package sitting out in the open at the front door.

      Probably depends on where you live. Where I am, UPS is pretty good and FedEx sucks so bad I no refuse to order from companies that use them (I'm thinking of you Harbor Freight.) The most annoying this is they leave packages in front of your garage door, so you conveniently run over them when you leave. This is despite many complaints. They claim that people like it that way, but no one else is that stupid. And when the product is damaged, they claim it's not their fault. That and FedEx ground is slower than loading packages on cats and having them deliver across the US.

      --
      I don't know, but it works for me.
    12. Re:Every print magazine left. by Grishnakh · · Score: 1

      Sears is dying because their products are mostly crap, except for electronics where they have the exact same problem that Best Buy does. Sears has long tried to be a big general store, with not only clothes, but electronics, tools, and appliances, and even auto care in some locations. They even used to sell computers back in the 80s and early 90s. That model doesn't really work now, especially for electronics.

      Macy's and JCP don't have the same model. They mostly concentrate on clothing, plus homewares (kitchen stuff plus towels and bedding). They have the same model as Kohl's, which appears to be doing just fine. Clothing is much harder to do on the internet, because of two factors: 1) changing rooms, and 2) you can't feel a fabric from your computer screen. You could buy towels online, for instance, but you run a good risk of getting something with the plushness of a Super 8 Motel towel; you simply can't tell the difference from a JPEG photo. In a JCP or Kohl's store, you can look at all the towels they have and feel them in person to make your selection, and if you go to such a store now, you'll see that there's actually a pretty wide range of towels there varying greatly in price. They look the same from a distance, but feel them close-up and it's obvious why some cost 3 times as much as the cheapest ones. It's largely the same with clothing too.

      Macy's does seem to be taking over in the mall anchor store market, but from what I can tell they're doing fine. The idea of them falling to internet sales seems rather ridiculous to me. What'll kill them is if someone invents holodecks where you can visit virtual stores but it really seems like you're there, and can look and feel everything. Obviously, this is Star Trek technology and isn't likely to happen for centuries (at least until we make first contact with the Vulcans, after inventing warp drive!), if ever. Heck, even worse, we have to invent transporters first! That's no easy feat. So unless some aliens break the Prime Directive and give us holodeck technology very soon, I think Macy's and the other clothing stores have nothing to fear (unlike Best Buy).

    13. Re:Every print magazine left. by Grishnakh · · Score: 1

      The first class letter service is not going to sustain the USPS at all, despite a few seniors. The real money for the USPS is in two places: junk mail (which is falling), and packages (which is rising). Their move to Sunday deliveries for Amazon is very smart, and a way to use their existing distribution network, which is far better and more efficient than UPS or Fedex.

    14. Re:Every print magazine left. by spire3661 · · Score: 1

      Should roads? should schools? USPS is social infrastructure, profit/loss is hard to measure and a bit irrelevant, especially considering our military budget.

      --
      Good-bye
    15. Re:Every print magazine left. by Anonymous Coward · · Score: 0

      While I know at the end of the day you are trying to be funny about this, the issue with the USPS has nothing to do with the price of stamps, or profitability, or anything that can be measured in normal means. The USPS has hundreds of thousands of government works with pensions and healthcare expenses. The government made the "prepay" the future health care expenses (to the tune of $5.5 billion a year) for 10 years. No other government agency or private company has to do this. If you take out the prepayments, they make loads of money.

      http://www.pbs.org/wnet/need-to-know/five-things/the-u-s-postal-service/11433/

    16. Re:Every print magazine left. by Anonymous Coward · · Score: 0

      With UPS and DHL, sometimes I have to go out to the burbs to pick up a package I missed, sometimes they leave it at a local location.

      Lucky you, at least the DHL depot is in the same city as where you live. I live in a city with a population of nearly 400,000 and the nearest DHL depot is an hour and a half drive away in a different city. Their drivers aren't the smartest bunch either. I missed a package once because the driver could not figure out that the buzz codes for tenants are listed alphabetically on the board right beside the front door of the apartment building I live in. I had to call DHL and tell them to send the package back the next day and take the day off work so I could be there to receive it. I never buy anything from any retailer that ships via DHL now.

    17. Re:Every print magazine left. by Anonymous Coward · · Score: 0

      Their parcel business seems to be growing rapidly, with very competitive prices for small fixed price boxes.

      Which is exactly why the Republicans have set up pension funding requirements designed to make the USPS fail. UPS and FedEX are licking at the chops to charge you 10 bucks to ship that 13 oz parcel halfway across the state.

    18. Re:Every print magazine left. by azadrozny · · Score: 1

      I agree. Being able to browse for clothing and home goods is still important. There is still no online replacement for being able to carry a pair of pants over to match them to a shirt. As much as I hate shopping for curtains and bed sheets, it is much easier to walk through the department, and see what catches your eye. Yes, online retailers have liberal return policies, but I think for many people, it is more of a pain to buy five items, to compare an contrast their color at home, then mail back the four you don't want.

    19. Re:Every print magazine left. by paiute · · Score: 1

      I'm not sure I'd right off the USPS.

      What other business is at the special mercy of Congress and is continually in the crosshairs of the Ayn Rand/Paul family/Koch brothers crazies?

      --
      If Slashdot were chemistry it would look like this:Cadaverine
    20. Re:Every print magazine left. by Anonymous Coward · · Score: 0

      You could argue that it is the business of government to run the things that are in the public interest to have, but are otherwise unprofitable to install and run. Roads, schools, police, and firefighters all being good examples. You need them, but it is hard or impossible to make money.

    21. Re:Every print magazine left. by Grishnakh · · Score: 1

      There is still no online replacement for being able to carry a pair of pants over to match them to a shirt.

      It's a lot worse for women, which is probably why most men (esp. Slashdotters) don't understand: with men, it's fairly easy: all the colors are boring neutral colors like gray, and the sizes are very simple: S/M/L, or for pants, waist and inseam. Though even there, there can be a lot of variation: I wear a difference size of Levi's jeans depending on which style it is for instance. For women, it's much worse: the way the garment is cut makes a huge difference because there's several different measurements (waist, hips, bust, shoulders), and there's far more color involved for them, so matching things is much more important. With men, you just get the right size jeans and wear any shirt you like.

    22. Re: Every print magazine left. by iamhassi · · Score: 1

      I got to say I like physical magazines. Books I can see going since words are words, but there is something satisfying flipping through a magazine and looking at the pictures and ads that you don't get from a touchscreen.

      --
      my karma will be here long after I'm gone
    23. Re:Every print magazine left. by mcgrew · · Score: 2

      Followed shortly thereafter by the USPS, unless Amazon just outright buys them.

      Dream on, teaboy. Have a look at the US Constitution. "To establish post offices and post roads;"

      Getting rid of the USPS is unconstitutional.

    24. Re:Every print magazine left. by mcgrew · · Score: 1

      I'm not sure I'd right off the USPS.

      Please tell me your native language is Russian or Japanese or something!

    25. Re:Every print magazine left. by P-niiice · · Score: 1

      I'd write it off because half of our elected officicla seem hell-bent on sabotaging anything that seems remotely government-related, or has a union anywhere in its ecosystem.

    26. Re:Every print magazine left. by cusco · · Score: 1

      The big retailers that are in trouble mostly seem to be victims of the dreaded MBA Disease. When upper management was made up of people who had come up through the ranks and knew the business of retail, knew the effects of policy changes on staff, and had actually dealt with customers at some point in their career then intelligent decisions could be made that can keep a business afloat even in the worst of times. Now that management consists of people who came directly out of college with no real-world experience, and upper management is populated by job-hoppers who are unable to comprehend that there is a difference in how a car company or an airline or a retail chain should be managed ("We provide leadership!") then they're doomed.

      --
      "Think about how stupid the average person is. Now, realise that half of them are dumber than that." - George Carlin
    27. Re:Every print magazine left. by MrNiceguy_KS · · Score: 1

      Obviously, this is Star Trek technology and isn't likely to happen for centuries (at least until we make first contact with the Vulcans, after inventing warp drive!), if ever.

      It will even be quite a wait from that point. At least a Generation... (ducks)

      --
      Redundancy is good And also good.
    28. Re:Every print magazine left. by HornWumpus · · Score: 1

      Considering the trend in first class mail it would be insane not to make the postal service fund it's pensions.

      They're going to be smaller and will not be able to pay as they go for their older employees.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    29. Re:Every print magazine left. by lgw · · Score: 1

      Getting rid of the USPS is unconstitutional.

      How I long for the days when that mattered.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    30. Re:Every print magazine left. by Anonymous Coward · · Score: 0

      Followed shortly thereafter by the USPS, unless Amazon just outright buys them.

      Dream on, teaboy. Have a look at the US Constitution. "To establish post offices and post roads;"

      Getting rid of the USPS is unconstitutional.

      Not true. That clause authorizes Congress to pass certain kinds of laws, namely those governing the USPS. It does not deny anybody else the capacity to create (or own) their own postal system.

      This post brought to you by the entire package industry.

    31. Re:Every print magazine left. by corbettw · · Score: 1

      The Constitution authorizes Congress to establish post offices, it doesn't require them to.

      --
      God invented whiskey so the Irish would not rule the world.
    32. Re:Every print magazine left. by Grishnakh · · Score: 1

      Exactly my point! Even after we've had transporters and phasers for a while, and there's been a 5-year mission to explore the galaxy, we'll still have to wait until the Next Generation before we have a decent holodeck where you can't just walk into the walls.

    33. Re:Every print magazine left. by broen · · Score: 1

      Congress has the power to, but that doesn't mean they must use that power.

    34. Re:Every print magazine left. by couchslug · · Score: 1

      The "Kmartization" of Sears fucked it up thoroughly, very much including the quality decline of Craftsman tools. The sooner Sears dies the better.

      --
      "This post is an artistic work of fiction and falsehood. Only a fool would take anything posted here as fact."
    35. Re:Every print magazine left. by stdarg · · Score: 1

      Indeed, not only that, but the form of the post office isn't specified either. The "post office" could be one postmaster general whose job is to liaise with Amazon about delivery and stuff.

    36. Re:Every print magazine left. by Uberbah · · Score: 1

      On the other hand, the USPS is not supposed to losing money.

      Which they wouldn't be if they weren't the only public or private entity with a requirement to fund their benefits 75 years in advance. This is not news.

  5. Blockbuster Business Model by Greyfox · · Score: 5, Insightful

    They'd have tried to shoe-horn late fees into Netflix. That's where all Blockbuster's money came from. Renting videos was just a loss leader for late fees. They didn't take Netflix seriously because they didn't have late fees and Blockbuster didn't see how anyone could make money just renting videos.

    --

    I'm trying to teach myself to set people on fire with my mind... Is it hot in here?

    1. Re:Blockbuster Business Model by dunezone · · Score: 4, Interesting

      Blockbuster had a service like Netflix and it was launched in 2004. The Blockbuster DVD-by-Mail was an interesting endeavor because everyone thought they were going to compete head to head with Netflix. The problem is that when you examined the Blockbuster DVD-by-Mail service it had a hidden agenda and that was getting people to come back to the stores.

      With Netflix they sent you a DVD, you send it back through the mail, they send you another. With Blockbusters service they send you a DVD and you could either send it back and they send you a new movie OR bring it back to the stores and exchange it for a so-called rental. Except that new rental is subject to late fees and restocking fees WHICH they announced in 2005 they were getting rid of which they secretly didn't and this brought upon them a massive lawsuit.

      http://en.wikipedia.org/wiki/Blockbuster_LLC#Misleading_advertising

      This was their way of getting people to come back to their stores and adding on late fees which was their cash cow.

      Blockbuster is the perfect example of a company that knew the industry was changing and somewhat attempted to adapt but wouldn't let go of the past completely.In my opinion Netflix wasn't what damned them it was just the beginning. Redbox is what really killed them.

    2. Re:Blockbuster Business Model by JWW · · Score: 2

      Yep I got smacked by that bogus "No late fees" campaign.

      For a measly $8 in late fees they lost a customer and earned someone who detested their company.

      Good riddance Blockbuster! You sucked as a company and deserved all the bad things that happened. The fact that you utterly failed to deal with mailed DVD's and streaming is just gravy for the schadenfreude.

    3. Re:Blockbuster Business Model by Anonymous Coward · · Score: 0

      That wasn't the only way they failed. I attempted to hire a computer game and was told I hadn't yet rented enough movies to qualify. I was bamboozled. I never went back.

    4. Re:Blockbuster Business Model by azadrozny · · Score: 1

      For a short time I though Blockbuster had a winning angle when the introduced the DVD-by-mail. As I recall, you could get movies by mail, then return them to the store for a free (or discounted?) rental. I think they missed an opportunity when they limited the number of times in a month you could do this. I think it was only once or twice. In hindsight, they would have still lost once streaming became common, eliminating the time delay of renting by mail. Like you said, they saw changes to the industry coming, but tried to hold on to the old ways that made them what they were.

    5. Re:Blockbuster Business Model by Anonymous Coward · · Score: 0

      If you could be bothered to return your videos on time, the Blockbuster plan was insanely good. Note that they sent you a DVD upon confirmation from the store that you'd returned the previous one. You got twice the number of DVDs as from Netflix.

      They eventually started degrading the service in various ways--mostly by limiting the number of free rentals you could get from the stores. This was possibly due to the stores absolutely hating the free rentals, as it increased their workload for very little increase in actual revenue.

    6. Re:Blockbuster Business Model by Anonymous Coward · · Score: 0

      I owed blockbuster about one and a half dollars in late fees once. They were not content to wait for me to come in and rent again and pay then. After maybe a month of me not renting, they sent me a letter saying I needed to pay up or face collections.

      I paid up. And laughed. And never rented from them again.

    7. Re:Blockbuster Business Model by Anonymous Coward · · Score: 0

      Yes, mickeysoft has a proprietary business model and a monopoloy market share on PC's (and all the fanboidom surrounding it yelp about how bad that old Linux is), yet the market is changing (tablets, phones), and mickeysoft knows the market is changing, and is trying to adapt to it, but cannot let go of the old model (and so you see the success of their surface product, zune, etc.) They have gobs of cash, still making gobs, don't want to let that go. At some point they will trip and will be staring oblivion in the face. Already the writedown they had earlier this year (little biddy $900 million --chump change), but its a symbol of their position. If I were a shareholder, I would insist on dividends. At some point the stock has to pay. The market isn't growing, its shrinking. No one is lining up to buy a mickeysoft operating system anymore. Only stupid companies build greenfield applications with their stuff. Its more expensive, and not compatible (not even compatible with newer versions of itself, the company insists!). Its their business model, they don't want to change it, and it will be their end.

    8. Re:Blockbuster Business Model by twisted_pare · · Score: 1

      Just don't fault these companies for being "stupid" as is so often the case. The CEO's were not reckless as you mentioned. Take Kodak, a company I've read a lot on the failure of, given that I lived in Rochester. Kodak didn't "miss out" on digital photography. They actually invented a lot of the firsts in the industry. The company's board made the very clear decision that they had a massive cash cow in the film production/developing business. To chase digital would be to cannibalize their own cash cow chasing a risky new technology in a race to the bottom. They made the best decision for shareholders within the decade time horizon. Also realize that had Blockbuster bought Netflix in ~2004/5, we'd not have great online streaming services today. As Tim Wu expounds in The Master Switch, it is always in the interest of the incumbent to subvert new technologies that threaten the stability of the industry.

      --
      HTFU
    9. Re:Blockbuster Business Model by Anonymous Coward · · Score: 0

      Blockbuster had that "two day" rental for new releases where if you rented on Friday evening, you had to return before Sunday at noon - to avoid getting charged for another rental period (not technically a "late fee").

      In an abstract sense that was unfair because it was less than a full 48 hours. But in a practical sense it was very inconvenient for someone like me who lived far enough from town that it worked best to rent a set of movies on a Friday evening but then save some to watch on Saturday evening - because then, after a staying up a bit later on Saturday to watch movies, I had to make a point to get up and head on into town on Sunday morning to return the videos before noon.

      Now, that might not sound like much of an inconvenience, but (admittedly indirectly) it cost a friend his life. I had a friend who was suffering from an episode of major depression - who seemed to be recovering and had just been released from a psychiatric hosptial after some suicide attempts. He still needed some people around to keep him safe, though, and I was one two people he was relying on. Well, I had to rush off to Blockbuster to return the vidoes before Sunday at noon. And in the confusion that that created he was left alone and killed himself.

    10. Re:Blockbuster Business Model by sartalon · · Score: 1

      I haven't worked there in a really long time so things may have changed, but when I did, there was no way that late fees were a larger profit than renting. Not even close. I was an assistant manager for several months and the end of week summaries clearly showed that late fees were routinely less than 10% of the gross.

  6. About Polaroid... by TheloniousToady · · Score: 5, Interesting

    Polaroid is already gone. For the last few years, ever since they stopped making instant film, Polaroid has been nothing more than a brand name to be licensed out (presumably, to attract folks who still have fond memories of instant film.) For example, all those cheap portable Polaroid-brand DVD players are made by somebody else. That's in contrast to Best Buy, which is a real corporation, and Borders, which is at least a division of a real corporation, Barnes & Noble.

    1. Re:About Polaroid... by Anonymous Coward · · Score: 0

      Borders is *not* part of Barnes and Noble. Why would you say that?

    2. Re:About Polaroid... by Schnapple · · Score: 1

      Borders is *not* part of Barnes and Noble. Why would you say that?

      He's misguided in what he means by it but it is true that B&N bought the Borders brand name and customer list after Borders shut down. borders.com now goes to the B&N website.

  7. The amazing thing about Blockbuster by Anonymous Coward · · Score: 0

    Is how it managed to survive until 2013. Its imminent demise had been forecasted by just about everyone for the past 20 years.

    1. Re:The amazing thing about Blockbuster by Anonymous Coward · · Score: 0

      From memory in 1993 Blockbuster (and videos rental in general) was doing well.

      Hell I still had an account in 2003 (10 years past).

    2. Re:The amazing thing about Blockbuster by Grishnakh · · Score: 1

      Exactly; that 20-year thing is extreme hyperbole. Blockbuster's business model wasn't threatened at all until Netflix came about, and wasn't in in really serious turmoil until online video-on-demand services became popular.

  8. They'll be alright by Anonymous Coward · · Score: 0

    They've already transitioned to making bloatware for new cellphones.

    Fuck blockbuster.

  9. Fond memories? by CubicleZombie · · Score: 1

    Like being raped with late fees?

    If Blockbuster had bought Netflix, I would have cancelled my account immediately.

    --
    :wq
    1. Re:Fond memories? by WankersRevenge · · Score: 1

      I actually have a few fond memories of Blockbuster. My first memory was when my mom drove us thirty minutes to a Blockbuster and I remember being blown away but the sheer amount of movies. All of our local mom and pop stores had pretty poor selections. They also charged a yearly membership fee while Blockbuster was free.

      Years later, I would visit this Blockbuster in college where I bought Night of the Living Dead for five bucks which completely rocked my world. This same Blockbuster had a section called "Le Bad Cinema". It was a collection of the worst movies ever made. There were movies that made Plan 9 from Outer Space look like an art house flick. Do a google search for "Moron Movies". Classic stuff. My friends and I watched all of the movies in that section.

      That said, Blockbuster was a pretty nasty company. I believe they required objectionable movies to be edited and I don't think they rented unrated movies for a long period time. (MInd you, not porn but movies that were not submitted to the MPAA for a rating). Ultimately, they started focusing purely on new releases so it was downright impossible to rent a quality flick that was over five years old. Once I discovered Netflix, there was no going back. (And this was before the streaming service started).

      Fun story ... I used to work at Mom and Pop vide store in college in the mid-ninties. I grew to be good friends with the owner and he confided with me that he knew the industry was a dead end. He predicted that the internet would ultimately dominate. So, in 2002, he sold all his video stores to West Coast video for a killing. People called him crazy since his stores were pretty popular but a few years later, West Coast Video went out of business.

      So no ... I don't miss Blockbuster but I will miss the video store.

    2. Re:Fond memories? by jandrese · · Score: 1

      My memories of Blockbuster was a store that if you weren't interested in the latest half dozen or so releases, then they weren't interested in you. The selection of older movies was extremely sparse and they were always checked out. I went in a few times and came out empty handed because there was just nothing interesting in stock. Then Netflix came along and I never went back to Blockbuster again. Netflix was rarely out of stock, and had an absolutely enormous catalog of older and obscure movies. Even if a disc was out, they would put you on a queue and send you the disc as soon as it was available.

      Plus, Netflix didn't lie to me "Three Day Rental--Including Today, the Day you return it by 10AM, and a day we made up!" or try to rape me with fees. Oh, and it was cheaper per month than two rentals from Blockbuster.

      If Blockbuster had bought Netflix I would have exploded with rage. Of course Reed Hastings went kind of loony there for awhile and made me worry about Netflix, but they seem to have gotten the leash back on him and kept the company from driving off the cliff.

      --

      I read the internet for the articles.
    3. Re:Fond memories? by Rob+the+Bold · · Score: 1

      In retrospect, the video store trip with friends, family or dates is a sort-of fond memory -- or at least quaint and nostalgic one. Even the stupid late fees kind of mellow out with time. Arguing over titles, or even entire genres. Finding 90% of the French movies alphabetized under "L". The habitrail entrance/exit. The "inventory control" arch -- I loved taking the video off the "checked out" side of the counter and dramatically swinging it back through the detector to set off the alarm. The separate card for each location. "How many do I need to get a free wallet for these?" I'd ask. Waiting in the car while your lollygagging friend got his Hot Tamales or Milk Duds. Finding out the previous customer was not kind, and did not rewind. Arguing over whose house to watch at. Good times.

      --
      I am not a crackpot.
    4. Re:Fond memories? by Anonymous Coward · · Score: 0

      My friends and I LOVED Moron Movies! Did you know there was a sequel simply called "CRAP"? A friend of mine picked up the DVD a few years back. It wasn't quite as funny as Moron Movies, but was still pretty good. Youtube has some videos of it:

      http://www.youtube.com/watch?v=4xOK6XUXDDY

    5. Re:Fond memories? by lgw · · Score: 1

      Plus, Netflix didn't lie to me "Three Day Rental--Including Today, the Day you return it by 10AM, and a day we made up!"

      Yep. Blockbuster did that to me and I left them forever, years before Netflix. Now they're dead, and I smile.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    6. Re:Fond memories? by Anonymous Coward · · Score: 0

      My family rented 7th Saga (SNES) for me once. The only fond thing about it is that at least they didn't buy it outright.

      A rental service focused solely on video games might still work (or work for longer than video rentals). Video games typically require faster reaction times, so streaming-buffering like video simply won't work. Of course, concepts like Steam sales and DRM on consoles might hurt game rentals, but at least it seems more viable than video. (GameStop's model almost works this way what with making a sale then buying it back at a reduced price.)

    7. Re:Fond memories? by crunchygranola · · Score: 1

      The most sour moment for me with my interaction with Blockbuster (other than the time they tried to charge me late fees for a movie I never rented) was with "gift rental coupons". My spouse gave me a sheet of these rental coupons as a gift, a few dozen perhaps, which I used at a rate of one or two a month, until 6 months after I received them when I was told "sorry, these have expired". These coupons weren't gifts from Blockbuster, they weren't discounted in any way, they were full fee rentals that were simply pre-paid. They were being given a free loan by my spouse, and then the defaulted on the principal!

      Was there fine print about expiration? Sure, but it was indeed fine print. Their promotion and sales material for the coupons never mentioned their limited lifespan, and who would expect that a full-fee pre-paid service would "expire" in a matter of months before it was used?

      --
      Second class citizen of the New Gilded Age
    8. Re:Fond memories? by Anonymous Coward · · Score: 0

      And to think that this trick still works. Many stores are more then willing to turn you accepted-anywhere and never expires cash into "can only be used here and expire" store gift cards.

      I dont know why people dont just give cash instead of converting perfectly good cash into an inferior gift card.

  10. Too soon by Marrow · · Score: 1

    Hey, its a little too soon to talk about Borders that way. Some of us are still in mourning.

    1. Re:Too soon by drinkypoo · · Score: 1

      Why the fuck (insert pic of Patrick Stewart here) would you miss Borders, the worst of all chain bookstores? They never ever have anything but new releases and the most popular of older works. If I'm going to order something and wait for it to come in, I'm not going to involve a bookstore. I'm going to get it much cheaper from Amazon or eBay. Borders was worthless, and in every case of which I'm aware it displaced something the people would rather have had.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    2. Re:Too soon by TheRaven64 · · Score: 1

      Was Borders a bookstore? They seemed to have about as many books as a newsagent. I'd always thought that their business model was selling coffee to people who liked to be near books, but didn't actually want to read them...

      --
      I am TheRaven on Soylent News
    3. Re:Too soon by Anonymous Coward · · Score: 1

      Not at all my experience - the Borders in my town had a comparatively huge section of STEM (advanced topics, not just the popular science stuff) and computer books (healthy selection of Linux and O'Reilly books). Prior to Amazon's selection, it was Borders or the local competitor's selection of Windows for Dummies and the narrow, 1/4 shelf selection of Sagan, Gould, etc.

      I have fond memories of Borders back then (mid-90's), but they missed the rise of online and failed to pivot or react until it was too late. Such is life.

    4. Re:Too soon by stdarg · · Score: 1

      I generally prefer Barnes and Noble to Borders, but in the town I lived in a few years ago there was only a Borders and it was a fine bookstore.

      Both companies really popularized the idea of a large bookstore with popular books, lots of open space, chairs, and a cafe. They didn't at all mind if you bought a drink and read an entire book. It was like a library with enough copies of popular books to go around plus a built-in coffee shop. Who doesn't like that? And contrary to popular belief (e.g. the movie You've Got Mail), I have always found employees at these big stores to be knowledgeable about books (umm, not the high schoolers staffing the cafe area, but the floor employees). There's usually a shelf dedicated to staff picks and I've found some really interesting books by perusing that.

      I don't know why public libraries don't invite coffee houses to set up shop in the same building for a rental fee. They're always complaining about not having enough money and *readers* would really enjoy it I think. Well, I take that back, I do know -- unfortunately most of the public libraries have decided to turn into free internet cafes for poor people. To save money, some of the public libraries in my area have moved into strip malls and drastically reduced their sizes.. now they're over 50% (by floor area) computer lab full of loud kids doing "homework" (playing online games) and homeless people looking at porn, probably 40% kids books, and 10% books that nobody is interested in because all the popular books (old and new) are checked out and wait-listed.

    5. Re:Too soon by kannibal_klown · · Score: 1

      I liked the Borders store *by me* more than the Barnes and Noble stores *by me*

      They were better lit, organized better, and the shelves were maybe 1-row shorter so it didn't feel as claustrophobic in there. The layout was also a little nicer and more casual than the B&N near me. They usually had what I was looking for: tech books, books to help out in college courses, classic lit, sci-fi, fantasy, new, old. My tastes aren't that obscure.

      That being said, at some point the B&N near me remodeled and looks / feels a lot nicer than it used; I actually enjoy sitting in there and flipping through some books. So I don't miss Borders much anymore.

      But for a while there I preferred to do my browsing and shopping at either online at Amazon or in person at Borders.

    6. Re:Too soon by kannibal_klown · · Score: 1

      I should emphasize the *by me* portion of my post.

      It could just be that the B&N's in my area were poorly managed for a while and not really "the norm" when compared to B&N's nation-wide.

    7. Re:Too soon by theun4gven · · Score: 1

      My one reason for choosing Borders over B&N: book search kiosks.

      I could search and find what I was looking for without having to wait in line or deal with an employee. I could modify searches and explore a bit without having to spell things out to an employee who would just tell me they didn't have it because they couldn't type.

    8. Re:Too soon by Sarius64 · · Score: 1

      I'd carry this a step further and sell both coffee, snacks, and book stores products at the local library. FWIW, I enjoyed the Borders we had at the Plaza Bonita Mall. The store manager lost her mind when they closed all locations. That location certainly made bank on a constant basis. But, you're correct that public libraries should innovate more. Personally, I'd kick the porn people out or at least charge for viewing porn, specifically. Librarians gotta eat, ya' know.

  11. Alaska will still have stores by __aasehi2499 · · Score: 1

    You Google it, like subby could have before making such claims.

  12. Best Buy by Danathar · · Score: 4, Informative

    It's not dead yet.

    http://blogs.wsj.com/moneybeat/2013/11/11/best-buy-sp-500s-best-performer-getting-still-more-praise/

    They are not out of the woods, but things like price matching amazon have helped a lot. I've personally not bought from Best Buy in a long time, but recently after buying something on Amazon I checked how much it would of cost at Best Buy and realized for a little more I could of had it that day for about the same price.

    Polaroid? Borders? That's old news.

    1. Re:Best Buy by Anonymous Coward · · Score: 1

      It's not dead yet.

      It never was. The current trend in private equity is to collude with management of public companies like Netflix, Best Buy, JC Penney and Dell: run the business into the ground and then take it private. It almost worked for Best Buy and Netflix but management couldn't take it private quickly enough and the stocks recovered spectacularly. Dell is out and JC Penney looks to be well on its way. Both of these companies will be vastly profitable for the private equity that buys them.

    2. Re:Best Buy by Lumpy · · Score: 1

      I have been in Best buy 3 times in the past year, and each time was to look at an item, I left without buying it because their prices are too high and I don't like getting assaulted by know nothing sales people. Then they have the fricking Dish network people in store that pressure sell you about their crappy service.

      So I looked at the item and bought it on newEgg from my phone on the way out of the store.

      --
      Do not look at laser with remaining good eye.
    3. Re:Best Buy by Anonymous Coward · · Score: 0

      Dell was pulled private by the founder. I'm actually bullish on Dell until such time as Michael sells it to someone else or chokes to death on a pretzel or something. People on Wall Street underrate the importance of the founder still being part of the company because they like the idea that managers are interchangeable, but in tech firms especially you can see how many of them start a nosedive right when the founder leaves or dies. The founder has a non-monetary incentive to have the company perform long term, and you can't easily fake that with monetary compensation.

      JC Penney may well be screwed, though.

      As for Netflix; if Blockbuster bought them out, they would have screwed it up, someone else would have done it right, and Blockbuster would still be going broke.

    4. Re:Best Buy by Danathar · · Score: 1

      did you ask if they would match the newegg price?

    5. Re:Best Buy by oodaloop · · Score: 1

      I was the same way. But this last time, I bought a Samsung Galaxy Tab 3 7.0. I checked the price on Amazon while in the store, and it was the exactly the same with no shipping. Granted, I paid sales tax in Best Buy, but it sounds like pretty soon we'll be paying sales tax on Amazon too. The accessories, OTOH, were hideously overpriced, so I went home and ordered on Amazon.

      --
      Tic-Tac-Toe, Global Thermonuclear War, and relationships all have the same winning move.
    6. Re:Best Buy by Anonymous Coward · · Score: 0

      Both of these companies will be vastly profitable for the private equity that buys them.

      Aaahhhhh, but .... they're profitable for private equity for other reasons other than their business operations - like taking on obscene amounts of debt and using it to themselves their management "fees". It's called a bust out in the mafia. (See ""Goodfellas"" and the part where Pauly takes over the restaurant and they burn it down later. Pauly made a fortune on the bankrupt restaurant/bar. Same thing with private equity only they don't literally burn down the place.)

      It almost worked for Best Buy and Netflix but management couldn't take it private quickly enough and the stocks recovered spectacularly

      That had nothing to do with the viability of the underlying business operations: it was all speculation on Wall Street. They were hoping for a blow-out buyout price.

    7. Re:Best Buy by Anonymous Coward · · Score: 0

      I don't like getting assaulted by know nothing sales people

      Least you could find people to help. The ones at my best buy are racist and do not like helping whitey (seen it in action at least 3 times). Had one turn off the 'you can check out here light' then when 3 blacks showed up the light went back on.

      That and they have devoted nearly 1/4th of their sq footage for cell phones. I am sure that is awesome for sprint, at&t, verizion, and t-mobile. Not so much for me looking for boxed software or music or movies... All of which I can *easy* get on the internet. I rarely need a new cell phone. When I do I usually get a better deal out of the carrier websites...

      The last thing keeping me out of the store? No PC software. Oh they have tons of square footage selling you computers. But no software. Walmart has a better selection... I am funny like that I still want to 'own' my software.

      It is like they are doing the exact opposite to bring people in. Bringing in 1 time customers is boring. The guy you want is the one who goes every week... They are selling expensive razors and not bothering to sell the razor blades... Instead of making the razor blades more interesting to buy they make them harder to find and raised the prices to boot. Their music selection is pathetic and wildly overpriced compared to itunes/amazon.

      Those 3 things are what keeps me out of their stores. I used to drop 10-20k a year. Now I think I used half of a 50 dollar gift card someone gave me.

      Amazon is my goto store for all of this stuff now.

    8. Re:Best Buy by RoTNCoRE · · Score: 1

      But for how long? Technology retailers and manufacturers have a huge money sink in the inventory required to support brick and mortar retail operations. One store sells out, another has 10 units that they can't move for whatever reason (demographics, poor location, the minimum wage employee couldn't be bothered to find it etc.). Amazon can consolidate all the supply in their warehouses, cross ship between them for little cost based on economies of scale in shipping, and all the inventory is available to all customers. Couple that with the fast life cycle of tech - laptops as an example are 3 lines annually - and consider that all the unsold stock needs to be cleared out. Discounts are challenged by the same inefficiencies in retail, BB and their ilk need to discount deeper to sell the outgoing stock to counter the inefficiencies, and further discount demo models and pay for signage changes, etc.

      This is exactly why you are seeing manufacturers opening branded showroom stores - Apple, Microsoft, Sony, (Tesla in the car world) - because they can execute better than the traditional retailers/dealers, and most often aren't willing to invest in the same caliber of displays in stores like BB where they don't have full control. The retailers can't, because the margins are too tight. The multi-brand house bricks and mortar retailer for tech is being squeezed out as the middle man - matching Amazon pricing they will be losing money from all the background costs. Unless they can sell enough warranty extensions to cover the difference, they are circling the drain - and Apple squeezed them out there too!

    9. Re:Best Buy by bmorency · · Score: 0

      This reminds me of an old Monty Python clip where a couple guys are pushing a cart and asking people to bring out their dead. A guy comes out and is carrying a guy on his shoulder and says this guy is dead but the guy on his should replied I am not dead. http://www.youtube.com/watch?v=dGFXGwHsD_A

    10. Re:Best Buy by Anonymous Coward · · Score: 1

      The real problem with price matching is that Best Buy, despite their claims, won't actually do it.

      You go to Best Buy and find a TV you want to buy. It's $800. It's model number 12345B. Then you look on Amazon, and find what appears to be the same TV for $650. It's model number 12345A. The difference between them is that one of them has a red power LED, and the other one has a blue power LED. Best Buy will not price-match. The model numbers are different, and there are physical differences between the products. <sarcasm>One of them is clearly worth $150 more than the other.</sarcasm>

      But you'll never win, because Best Buy demands unique, exclusive model numbers from the manufacturers. They never sell the same product anyone else does. This is standard practice for appliances and large electronics.

      That means that the only thing Best Buy is going to match Amazon's price on is the small commodity stuff that they were already pretty much competitive on anyway (because it's available across the street at Wal-Mart, too). At best, you can get a few bucks off of the latest frat-game du jour (Madden, CoD, Battlefield, Halo, whatever) when someone runs a sale.

    11. Re:Best Buy by Anonymous Coward · · Score: 0

      I was in Best Buy in July, and as I was leaving due to the price being too high, they _volunteered_ that they'll price match Amazon. Almost 50% off the list price! Seems like a WTF for them, at least tactically, but it worked strategically in that I'm much more likely to come back.

    12. Re:Best Buy by Anonymous Coward · · Score: 0

      Next time look up the competing price, and take it to customer service. Sometimes I do the look up on their own computers or tablets.
      They have been very good about matching 'sold by amazon'. don't know about NewEgg.

      I like being able to go to a store, pick something out, go home with it. And then take it back if it's not right.

    13. Re:Best Buy by gallen1234 · · Score: 1

      My biggest issue with Amazon is delivery. It seems like most of the time when I need something, I need it now. For example, the other day I broke the microphone/headset that I use to record video presentations and make Skype calls with my students. I drove down to Best Buy, picked one off the shelf and was back home at work in less than an hour. Waiting two or three days for Amazon to get it to my door really wasn't an option.

    14. Re:Best Buy by Anonymous Coward · · Score: 0

      HEY! What's wrong with Best Buy?

      You close Best Buy and where am I going to go to look at a incomplete product lineup of televisions that are not the same price as on their website?
      Who is going to NOT price match a competitor's clearly advertised sale?
      Where am I going to stand in line to buy a single, overpriced cable with people that think $30 for a blu-ray is worth purchasing?
      Where am I going to not be able to get an answer to the simplest of question without 3 people being called over, only to find out 'the guy that knows about that isn't in yet'?

      Seriously, you leave Best Buy the hell alone . . . I NEED that fix.

    15. Re:Best Buy by Nukenbar · · Score: 1

      This reminds me of an old Monty Python clip where a couple guys are pushing a cart and asking people to bring out their dead. A guy comes out and is carrying a guy on his shoulder and says this guy is dead but the guy on his should replied I am not dead.

      http://www.youtube.com/watch?v=dGFXGwHsD_A

      Um, this is that.

    16. Re:Best Buy by Anonymous Coward · · Score: 0

      I recently called Best Buy to try get them to price match a mouse that I was interested in. The website I found the price on was listed under places they would match. However, because the price included an "Instant Savings", they would not match that, only the base price. That, among other limitations, makes Best Buy's price matching a joke.

    17. Re:Best Buy by Jim+Hall · · Score: 1

      Man, I hope they don't close Best Buy. That's where I try out stuff before I go buy it on Amazon.

      Sure, Best Buy has been close on price for a few items, but I really don't like getting my bag searched on the way out. I'll try out the stuff that's there, but I won't spend my money there.

    18. Re:Best Buy by Anonymous Coward · · Score: 0

      this reminds me of a when someone posted the dialog from a movie on Slashdot, then someone else posted that the dialog reminded them of a movie, and they were talking about the SAME one

    19. Re:Best Buy by big_e_1977 · · Score: 1

      When it comes to buying TVs, there an insidious thing called the "panel lottery". That samsung TV you bought may have an el cheapo Chi mei LCD panel in it, or it could a genuine Samsung built LCD panel. The model number is the same, but a cryptic code on the serial number will let you tell the difference. The manufacturers believe that they can substitute a inferior panel within the same model number and nobody would be the wiser. In some cases the difference is as drastic as an IPS vs a VA panel.

      Although nobody has gone through the statistics to prove it, I am willing to bet that the walmart/sams club production run is more likely to contain the lower grade panels.

    20. Re:Best Buy by houghi · · Score: 1

      Bestbuy is very much aware that there is more then their blick and mortar stores. They have the Best Buy API https://bbyopen.com/
      Look at the developers part.

      --
      Don't fight for your country, if your country does not fight for you.
    21. Re:Best Buy by fuzznutz · · Score: 1

      My last trip to Best Buy was to get my Nexus 4 phone. They wanted to sell me one subsidized on a plan. I told them I wanted the unlocked, no-contract version. They wanted $45 more than ordering direct from Google. I told them they were crazy. There was no way I wanted instant gratification at that price. I left and ordered from Google. That was in April.

    22. Re:Best Buy by Anonymous Coward · · Score: 0

      White people problems.

    23. Re:Best Buy by Pontiac · · Score: 1

      I would normally hate to shop at Best buy but they did something I couldn't do with Amazon..
      They let me use paypal to buy online with in the store pick up..

      --
      If you think it's expensive to hire a professional to do the job, wait until you hire an amateur. --Red Adair
    24. Re:Best Buy by Grishnakh · · Score: 0

      The ones at my best buy are racist and do not like helping whitey (seen it in action at least 3 times). Had one turn off the 'you can check out here light' then when 3 blacks showed up the light went back on.

      Watch out, you might get a reply from some liberal saying that it's impossible for black people to be racist, or a more moderate one will say that they can't be "racist", and only "prejudiced".

    25. Re:Best Buy by Grishnakh · · Score: 1

      But you'll never win, because Best Buy demands unique, exclusive model numbers from the manufacturers.

      If you're reasonably intelligent, you will win: you'll leave Best Buy, go home, get on Amazon.com, and order model 12345A from them for $650.

      Or, if you really want it locally, you can buy it from Costco too.

  13. Easily applied to any new/old tech pair by JoeMerchant · · Score: 4, Insightful

    How could Blockbuster have eaten Netflix's Breakfast, Lunch, and Dinner? Easy: take all the same risks Netflix took, invest more capital (which Blockbuster had at the time), and abandon their proven business models earlier than they did.

    The buggy whip makers could have beaten AC/Delco to the punch if they only followed this same crystal ball strategy.

    What everybody forgets is: Pets.com et. al. Sure, they look silly today, but there was a time that they attracted investment dollars that Netflix didn't get.

    1. Re:Easily applied to any new/old tech pair by drinkypoo · · Score: 1

      What everybody forgets is that these changes usually are obvious, but most people willfully ignore them.

      When cars showed up, it should have been obvious that buggy whips were going away. Likewise, when streaming video became a ubiquitous thing, it should have been obvious that video disc rental was going away. The whole DVD-by-mail thing was just Netflix figuring out how to profit from its death throes.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    2. Re:Easily applied to any new/old tech pair by JoeMerchant · · Score: 3, Insightful

      But it's not entirely clear when streaming will "take off," speaking from 2005 perspective - is the bandwidth there? will regulation step in and make Netflix pay for their inordinate use of the backbone? (still unknown), what devices will people consume media on? will Netflix be able to get their red button on enough remote controls? Most of these things are clear now, but were not so clear 8 ot 10 years ago.

      Those newfangled cars, where are you going to fill them up with petrol? There's grass to eat clear from New York City all the way to San Francisco, and if you need to bale up some hay to cross the mountains, you can do that easy enough on the prarie for free...

    3. Re:Easily applied to any new/old tech pair by Anonymous Coward · · Score: 0

      What everybody forgets is that these changes usually are obvious, but most people willfully ignore them.

      When cars showed up, it should have been obvious that buggy whips were going away. Likewise, when streaming video became a ubiquitous thing, it should have been obvious that video disc rental was going away. The whole DVD-by-mail thing was just Netflix figuring out how to profit from its death throes.

      Every successful strategy is obvious in hindsight.

      If you think they're obvious beforehand, I challenge you to go find the next obvious success and buy up shares. You'll make a killing.

    4. Re:Easily applied to any new/old tech pair by Sarius64 · · Score: 1

      When it comes to the Internet, it's been fairly easy to see where success abounds. Just in time sales, anonymous purchases (pron?), centralized warehousing/distribution, delivering content on everyone's schedule vice the 8-5 workforce, purchasing entertainment on demand via any IP device. The list goes on, but infrastructure evolves to fill a need, rarely a want. The need for affordable transportation changed everything, including oil extraction and refinement rates, not ambiguity.

    5. Re:Easily applied to any new/old tech pair by JoeMerchant · · Score: 1

      There's also an arguable "need" for affordable health care and shelter... not much being provided on that front in the U.S.A. lately, unless you're willing to move to Detroit and call those "affordable" houses shelter.

      What I see happening right now is Netflix riding on the "free bandwidth" of the internet and making a killing while doing it. And, I love them for it, been a subscriber since I bought my first DVD player... Next time a highly valuable service is provided to a business for free, pay attention, they'll have a better chance of doing well - if anybody is willing to pay for what they're peddling.

      I keep wondering if Pandora is going to make it, on essentially this same model - their future (and Netflix's) are both hanging on the licensing fees charged by the content owners.

    6. Re:Easily applied to any new/old tech pair by Anonymous Coward · · Score: 0

      will regulation step in and make Netflix pay for their inordinate use of the backbone?

      There's a stubbornly popular, bizarre misconception that somehow companies like Google and Netflix don't pay enough for their traffic.

      Rest assured, if that was an actual problem (which it's not), the marketplace would take care of it quickly and efficiently. No regulation is needed.

      Just ask the CFO of Netflix how much money they pay for their Internet traffic -- he'll dispel your misconception real damn fast.

    7. Re:Easily applied to any new/old tech pair by stdarg · · Score: 1

      I think the big mystery isn't why Blockbuster didn't *beat* Netflix to online and/or cheap rental, it's why they couldn't catch up. I guess it's because Blockbuster has a corporate habit of being greedy to the point of shortsightedness.

      Blockbuster started their own DVD by mail service to compete with Netflix with the added benefit of being able to trade in the movies at retail locations for faster turnaround time. It was brilliant. I know people (high volume users, the kind who were trying to build their personal collection by copying Netflix DVDs) who cancelled Netflix and switched to Blockbuster. But of course very quickly Blockbuster thought they had won and Netflix was beaten, and started turning the screws. They started putting limits on the program. You couldn't trade in a movie the same day you got it. Then it was a limit per week. Then there was a coupon system where you'd get some coupons in the mail and use one for every trade. Prices went up. Soon because of the limits it was both slower than Netflix and more expensive. My high volume friends switched back to Netflix.

      I mean from a business perspective Blockbuster was just too stupid for words. They have this huge advantage. They have a way to recapture the audience that had left them with a superior service that capitalized on their big advantages (inventory, Hollywood deals, walk-in locations, etc). My friends were not renting movies at Blockbuster after signing up for Netflix. That was lost business. If 2% of their customers wanted to turn in movies on the same day they got them and rent another because they were copying them onto their hard drive... so what?! That's still a monthly subscription fee in place of $0 revenue prior to that.

      Blockbuster never needed a crystal ball, they needed a board and upper level management that was slightly less idiotic.

    8. Re:Easily applied to any new/old tech pair by JoeMerchant · · Score: 1

      It's always easy in hindsight. Certainly there was a "jumped the shark" moment where any idiot off the street could have managed Blockbuster better than they did themselves, but sometimes management takes a (strategically defensible) stance of "we do what we do, they do what they do, if we are just copying them we are doomed to failure."

      Blockbuster built their success on "doing video rental differently." 400% markup compared to the old school video rental shops, in exchange for attractive retail locations, slightly longer rental periods, and a "family friendly" movie selection. It worked really really well for a decade. But, in the world of business, it's often better to be lucky than smart - and I think Blockbuster was just that, more lucky than smart.

  14. Best Buy by TWX · · Score: 2

    "I'm not dead."

    "What?"

    "Nothing. There's your ninepence."

    "I'm not dead."

    "'Ere, he says he's not dead."

    "Yes he is."

    "I'm not."

    "He isn't."

    "Well, he will be soon, he's very ill."

    "I'm getting better."

    "No you're not, you'll be stone dead in a moment."

    ...

    "I feel fine!"

    --
    Do not look into laser with remaining eye.
  15. BestBuy? by Anonymous Coward · · Score: 0

    Interesting that BestBuy is included on that list as they're "not dead yet".

    Granted, they've been showing losses for some time now, but it seems every Christmas season, when I walk into Best Buy, that place is packed.

    As for the others:
    Polaroid - Had a niche that even other camera makers didn't fill. How were they supposed to adapt? Put a little printer in each machine? Their tech was an oddity when it existed and most people used normal film for their pictures (Kodak would've been a much better entry on this list).

    Borders - Borders died because we live in a world where Amazon exists. If I can go into a book store and buy a book at cover price or I can wait a few days for the book to arrive, but at half-price, I'm going to get the book the slow way. Reading is not exactly a lightning fast activity anyway. And when you actually want to go to a store, you've also got Barnes and Nobles which caters to the "sitting around all day" crowd.

    Blockbuster - Yeah. Not really sure what they could have done. Personally, I don't "get" the benefits of NetFlix. I can wait days to get a movie delivered to me or I can go to a physical building and see if there's something that I want to see. Unlimited streaming is where NetFlix had the advantage and I suppose that would've been something that Blockbuster could've gotten from acquiring NetFlix... but then, who's to say that would've happened anyway.

    1. Re:BestBuy? by gl4ss · · Score: 1

      about polaroid....

      fuji still makes a bundle selling instax. seen it in shops in the past year(in asia, in eu had to order from ebay).

      (my sister wanted an instant camera for her wedding.. so bought the instax, since per picture cost with it was much much more sensible than what the cost would have been with the repro polaroids).

      --
      world was created 5 seconds before this post as it is.
  16. fond memories, LOL by Anonymous Coward · · Score: 0

    crazy late fees for one.

    but let's dive in here... if blockbuster had bought netflix, we don't know that it would be the awesome thing it is today. Imagine if Yahoo! had bought it. it'd probably be dead by now. Same thing holds true with Blockbuster, it could very well have died because blockbuster bought it.

  17. Blockbuster always sucked. by PvtVoid · · Score: 1

    It was Mom-n-Pop video stores that were the shiznit, The king of them all was Kim's Mediapolis in Morningside Heights in NYC, which arranged films by director. Blockbuster was never more than an annoying lowest-common-denominator experience designed by mediocre MBAs. May they rot in hell.

    1. Re:Blockbuster always sucked. by Anonymous Coward · · Score: 0

      save us from the ghosts of hipster past

  18. Comcast, ATT&T, Wells Fargo, U.S. Congress by Bob_Who · · Score: 1

    ....Just wishful thinking. I can't wait...

  19. Blockbuster would have dragged them down by TechHSV · · Score: 5, Insightful

    If Blockbuster had purchased them, they never would have made the leap to delivering over the Internet.

    1. Re:Blockbuster would have dragged them down by Anonymous Coward · · Score: 0

      Maybe not. If Blockbuster was smart enough to recognize Netflix as the future then they would probably be smart enough to recognize Internet delivery as the next step. As we know now, Blockbuster was not that smart so didn't take any steps.

    2. Re:Blockbuster would have dragged them down by PseudoCoder · · Score: 1

      Yes, they would have. Maybe not in the same fashion, but Blockbuster was one of the companies that was in bed with Enron when Enron was getting into the broadband bandwidth trading business. Interesting that both are now history.

      http://www.forbes.com/2000/07/20/mu4.html

      --
      "Now, I doubt any of you would prefer a rolled up newspaper as a weapon against a dictator or a criminal intruder."
  20. Ignorance is bliss by Anonymous Coward · · Score: 1

    Your age probably determines whether you think of Blockbuster Video as a fond memory or a dinosaur predestined for extinction

    Does it? Does it really, schnell?

    You must live in a very simple world where everyone 30 and up are useless has-beens who should just hurry up and die while the teens are the master race of digital natives. I wish my world was quite that simple.

    This type of drek belongs on reddit.

    1. Re:Ignorance is bliss by Anonymous Coward · · Score: 0

      Meh, I just turned 49 and I never used Blockbuster again (around eight years ago) when the seventh disk I returned for some game continued to turn up scratched and unusable.

    2. Re:Ignorance is bliss by Anonymous Coward · · Score: 0

      Where the fuck did you get the idea for that useless rant? I inferred nothing of the sort from the submission. Were you just feeling cranky today? Metamucil not kicked in yet?

  21. Blockbuster failure sits at the CEO's feet by Lumpy · · Score: 4, Informative

    They could have killed/bought redbox and netflix easily. But the Executives at Blockbuster are still too stupid to realize that they had to change models. I guarantee they still deny they did anything wrong.

    If you are only looking at next quarter, then as an executive you are a complete and utter moron.

    --
    Do not look at laser with remaining good eye.
    1. Re:Blockbuster failure sits at the CEO's feet by Blue+Stone · · Score: 1

      Blockbuster saw the new model and unnecessary risk (comfortable encumbent's almost-inevitable, flawed thinking: preserve what we have).
      Netflix saw the new model as necessary opportunity (startup's raison detre; nothing to lose, everythign to gain).

      Blockbuster would have had to destroy themselves to save themselves. Very few are capable of doing this. Netflix wasn't ebing held back by having anything to preserve.

      --
      Corporation, n. An ingenious device for obtaining individual profit without individual responsibility. - Ambrose Bierce
    2. Re:Blockbuster failure sits at the CEO's feet by fuzznutz · · Score: 1

      Blockbuster's overwhelming shortcoming was their utter contempt for their customers. All these other insights are merely manifestations of that contempt.

  22. Blockbuster died... by Bartles · · Score: 4, Informative

    ...for me when they claimed they could not stop the computer from charging a fine to my credit card when I returned a movie 2 hours late. I cut my BB card in half in front of the cashier. Circa 2002.

    1. Re:Blockbuster died... by Anonymous Coward · · Score: 0

      I cut my BB card in half in front of the cashier. Circa 2002.

      That's like stomping on your McRib in front of the McDonald's cashier. Like they give a shit.

    2. Re:Blockbuster died... by Anonymous Coward · · Score: 0

      Yeah, if you can't see why that's a worthless analogy then I pity you.

    3. Re:Blockbuster died... by wezeldog · · Score: 1

      Except now Blockbuster is gone, so not like stomping on a McRib. The difference being that everyone loves McRibs. No one misses BB, except the people that lost their livelihood. So, I guess if they were still around, they could give a shit?

    4. Re:Blockbuster died... by Anonymous Coward · · Score: 0

      It is funny how few cuts it actually takes to kill a big business.
      It is the only real power you have.

    5. Re:Blockbuster died... by Anonymous Coward · · Score: 1

      You carry scissors around with you? That's...concerning.

    6. Re:Blockbuster died... by Anonymous Coward · · Score: 2, Insightful

      There was a known fee for a late video, and you returned the video late, and got a fee? And then cut you cut your card in front of a minimum wage employee for doing his job properly?

      You sound deranged.

    7. Re:Blockbuster died... by Anonymous Coward · · Score: 1

      ...for me when they claimed they could not stop the computer from charging a fine to my credit card when I returned a movie 2 hours late. I cut my BB card in half in front of the cashier. Circa 2002.

      Yeah! Woo! That really stuck it to... that... one cashier! Who... probably just needed some sort of job! And who didn't have any authority to do anything! Man, you sure showed HIM who's the privileged guy with a pair of scissors on hand at all times just in case you need to make a scene in a video rental store!

    8. Re:Blockbuster died... by SonicSpike · · Score: 2

      They lied to you.

      When I was in undergrad, working at Blockbuster was my part-time job. It was quite fun actually, but anyway, management can remove fines if they want, it's real easy to do.

      --
      Libertas in infinitum
    9. Re:Blockbuster died... by Rob+the+Bold · · Score: 1

      There was a known fee for a late video, and you returned the video late, and got a fee? And then cut you cut your card in front of a minimum wage employee for doing his job properly?

      You sound deranged.

      Hobbies aren't about doing things the easy way . . .

      --
      I am not a crackpot.
    10. Re:Blockbuster died... by Anonymous Coward · · Score: 0

      I suppose it's possible the person couldn't or didn't want to bother management so technically they didn't lie. Then again, I suppose it's possible the worker decided a guy who gets THAT worked up over a late fee doesn't deserve anything except a silent fuck you.

    11. Re:Blockbuster died... by lgw · · Score: 1

      No, Blockbuster deliberately misstated their 2-day rental as a 3-day rental. At least, that's why I left them forever in the 90s, and I'm delighted to see their death.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    12. Re:Blockbuster died... by Whorhay · · Score: 1

      Meh, McRibs are pretty terrible in my personal opinion. I don't know that Blockbuster was all that awesome but I certainly prefer it to any of the other options in the area for going to pick up a movie on a whim that isn't available for streaming on Netflix.

      Redbox doesn't interest me because waiting in line while some kids peruse and hem and haw over what to get annoys the hell out of me. Not to mention that it's a fancy vending machine and I seem to have notoriously bad luck with vending machines.

    13. Re:Blockbuster died... by painandgreed · · Score: 1

      Management? The store where I live (Capitol Hill in Seattle) must have been run way different as I don't remember getting hit with any late fees or dealing with management. My memories of going to Blockbuster were of cute 20-something girls behind the counter telling me they dropped all my late fees without even asking me to pay. Still, sadly, that Blockbuster is gone also.

    14. Re:Blockbuster died... by Anonymous Coward · · Score: 0

      It was really, really rare for Blockbuster to be anywhere as cool as Broadway on Capitol Hill. Generally, they were in strip malls or standalone (pedestrian-free) locations. That probably made a big difference in the customer service, as the ones I visited seemed more like the kind that'd be run by people who graduated from mall-store managing school.

    15. Re:Blockbuster died... by Anonymous Coward · · Score: 0

      Did you go home and suck the shit out of your boyfriend's asshole after that?
       
      You're a fucking retard and a cunt. LOLzzz!!

  23. Medical by Anonymous Coward · · Score: 0

    I wish the entire medical industry would go to the ash heap.

    The pricing is obfuscated which makes it impossible for a consumer to make informed decisions.

    I think it should be more like how Dentists operate. You walk into a dentist, they exactly what the insurance will pay for and how much will be out of pocket - AND they give you a figure.

    And I think it would help for people to see how much their lifestyle is costing them. Smoker? Drunk? Obese? Eat fast food ten times a week?

    Or when my grandfather was in the hospital - my 92 year old grandfather - they were treating him left and right and pulled hundreds of thousands of dollars in revenues. He died six months later of something completely unrelated - and another few hundred thousand dollars in revenues for the hospital, labs and doctors.

    I think we as a society need to realize that we're mortal and there's a time when enough is enough. I'm trying to find the graph that shows 90% of our healthcare expenses are incurred during our last month of life and if you're on Medicare, guess who picks that up.

    1. Re:Medical by lgw · · Score: 1

      And I think it would help for people to see how much their lifestyle is costing them. Smoker? Drunk? Obese? Eat fast food ten times a week?

      Wow - this idea is made of awesome. Yes, the biggest problem with the medical industry is the complete inability to determine up front how much anything major will cost, but I had never thought of this aspect of it before. A little "monthly lifestyle cost estimator" would be an eye opener.

      --
      Socialism: a lie told by totalitarians and believed by fools.
  24. Blockbuster failed like Sears by Eristone · · Score: 1

    Blockbuster fell into the same myopic hole as Sears did in the 90s. At the start of the Internet boom, Sears had everything in place to be what Amazon is - they already had a full catalog service that delivered by mail and also had in-store pickup. A simple "order from" website would have been all that was needed as the rest of the infrastructure was already in place. Instead, Amazon owned that space and Sears is struggling to remain relevant.

    1. Re:Blockbuster failed like Sears by Anonymous Coward · · Score: 0

      It is pretty mind-boggling that a company whose entire existence was based on mail-order catalogs could fail to be the bell-cow in online fullfillment.

    2. Re:Blockbuster failed like Sears by coolmoose25 · · Score: 1

      Don't count Sears out. They own K-Mart now, and they do have a flawed but fairly comprehensive website. They need to capitalize on their strengths, which is NOT apparel. That is their bugaboo... they ceded apparel when they did the "Go Goolagong" campaign.

      So what are their strengths? Tools and Appliances. Bedding. Automotive. They can win in those spaces easily if they concentrate on them. My tractor and snow blower are both Craftsman. Sure, Craftsman is crap lots of people will say. Well I say it isn't. At the low end, $1100-$1800 for a tractor, and $650-$1200 for a snow blower, they are selling the SAME product that you will get anywhere else regardless of name brand (including Deere, which doesn't make its own low end stuff anymore, but still charges you like they do). I replaced my circa 1970's Craftsman tractor with a 2000's model that has a hydrostatic drive, cast iron axles, and a B&S engine. It is bulletproof so long as you change the oil. The hydrostatic drive is sealed, and never needs new fluid. Will it die in 10 years? Maybe. Will it die in 15 years? Probably. But I paid $1200 for it, so about $100 a year. My snowblower has been rock solid too, with the notable exception of last year, when it would not run when wet. In the spring, I figured out what had happened... A mouse had taken up residence in the cowl and had chewed almost all the way through the ignition wire. The replacement part for that was readily available from Sears, and I installed it myself. Runs like a champ now, and frankly, that wasn't a quality issue and would have happened to any other brand of snowblower I bought. So I'm a big fan of Craftsman power equipment and their tools because parts are readily available. When you buy the whatever brand from Home Cheapo, not so much. And in the end, all these are built by one of two manufacturers and are rebranded for each store.

      When your battery dies on a Sunday, where do you go to get it fixed? Sears is open, and they have your battery, and its overpriced but is decent quality. I've taken to replacing them myself now that my family has a whole fleet of cars, but if I only owned one or two, I would just go to Sears and get the battery done there. Tires? Some of the best prices on tires. Competitive with Walmart even. I bounce between Walmart, Sears, and Firestone for tires. Again, Sears has a strength here.

      I know I'm coming off as a fanboi here, but I would NOT like Sears to disappear. I've bought a lot of stuff from them - Appliances I often buy at their scratch and dent warehouse... My fridge sits in an alcove, you can't see the right side at all, and only the top half of the left. So when my fridge died, I bought one with a huge gouge down the right side. I can't see it. And the thing has water, ice, all the bells and whistles, and I paid like $600 for it. Again, drifting into fanboi-dom, but I want Sears to survive.

      --
      Brawndo: It's what plants crave!
    3. Re:Blockbuster failed like Sears by LWATCDR · · Score: 1

      Sears had everything in place around 1920. Sears big failure was that it had decided to move away from catalog sales and into more stores. They started to build stores like crazy because WalMart and KMart where moving into small towns and medium sized towns where getting Malls with anchors. Ordering from the catalog was a pain and people only did it when they had no option. It is too bad that Sears did not see what the Internet could do before they pretty much scrapped their mail order business.
      Sears didn't need to become Amazon. Sears needed to stop Amazon from becoming the Sears and Roebuck of the 21st century.

      --
      See my blog http://ilovecookes.blogspot.com/ for light hearted technical information.
    4. Re:Blockbuster failed like Sears by crunchygranola · · Score: 1

      Don't count Sears out. They own K-Mart now...

      Nope. K-Mart owns Sears. The combined company is called "Sears Holdings" simply because K-Mart thought the historic Sears brand was more valuable. Sears went under and is now a K-Mart division.

      --
      Second class citizen of the New Gilded Age
  25. borders is already dead by Anonymous Coward · · Score: 0

    I bought a bunch of stuff when it was 70% off

    I won't miss Best Buy much. Polaroid has a future, have you seen their tablets?

    1. Re:borders is already dead by Shadowmist · · Score: 1

      I bought a bunch of stuff when it was 70% off

      I won't miss Best Buy much. Polaroid has a future, have you seen their tablets?

      The company that Ed Land created ceased to exist years ago. The only thing of i that remains is the brand name, just like Commedore. Speaking of which the latest holder of that, Commedore USA purveyer of curren tech in redressed old boxes seems to have gone dark.

    2. Re:borders is already dead by Anonymous Coward · · Score: 0

      Ah yes, I remember my Commedore Amigo. I had it plugged into my Panaphonic TV.

    3. Re:borders is already dead by Anonymous Coward · · Score: 0

      Me too! Except I had a Somy TV

  26. What I think of Blockbuster? by Anonymous Coward · · Score: 0

    I see Blockbuster as the company the pushed out the mom/pop video rental stores and made many grocery stores stop renting videos and charged me more money in the process. What does that say about my age? Well at least we came full circle and can now rent videos at the grocery store again, albeit from a big red kiosk outside the grocery store.

  27. Disaster by MyLongNickName · · Score: 2

    Folks automatically assume that if Blockbuster bought Netflix that Blockbuster would be sitting on top of the streaming video world. More likely Blockbuster would have either killed the business either intentionally or through incompetence. When you have an entrenched management team that only understands one way of doing business and whose careers are based on a traditional distribution model, you will find that they don't adapt well to a new distribution model. My bet is that a new competitor would have eaten Blockbuster/Netflix' lunch.

    Odds are Blockbuster was better off not making the purchase.

    --
    See my journal for slashdot ID's by year. Mine created in 2005. http://slashdot.org/journal/289875/slashdot-ids-by-year
  28. Game Stores by Phoenix666 · · Score: 3

    The next retail model to go belly up are GameStops and the like. When Steam is fully up and running there will be no reason to buy your own copy any more, which means the lucrative secondary market many game stores rely on for profit margins will go away.

    Incidentally when Steam is fully transitioned to Linux it will have an effect on prevalence of MS in the home, too.

    --
    Do what you can, with what you have, where you are.
    1. Re:Game Stores by east+coast · · Score: 1, Troll

      Steam has been up and running for years...

      Oh, I see the problem...

      Incidentally when Steam is fully transitioned to Linux it will have an effect on prevalence of MS in the home, too.

      You're living in a fantasy land.

      --
      Dedicated Cthulhu Cultist since 4523 BC.
    2. Re:Game Stores by spire3661 · · Score: 1

      IN a fully realized system, you will have one big Steam Machine running Win/Mac/Linux and little linux based streamers to each TV.

      --
      Good-bye
    3. Re:Game Stores by Anonymous Coward · · Score: 0

      Yea who wants to own stuff. Go DRM!

    4. Re:Game Stores by kamapuaa · · Score: 2

      Gamestop doesn't sell computer games anyway. As long as consoles remain popular and games come on a disk, I don't see them going away. And that seems like it's going to be true for at least the next seven years.

      --
      Slashdot: providing anti-social weirdos a soapbox, since 1997.
    5. Re:Game Stores by Anonymous Coward · · Score: 0

      Agreed, but I wouldn't be surprised if games no longer came on disk by the next gen. Many games are already available for download or become available for download after release. And now with the ability to start playing games before the download even finishes I bet there will be an option to only keep the part needed to start playing local and just download the rest when needed. Sure, you'll have to be connected to the internet, which people hate, but I think they'll get over it and the ones that don't want to connect every time they want to play will be able to install a 2TB drive to keep all that game data local if that's what they really want.

    6. Re:Game Stores by ArbitraryName · · Score: 1

      Gamestop doesn't sell computer games anyway.

      Gamestop certainly sells PC games, though it's a limited selection in store. They also bought Impulse a while back.

      As long as consoles remain popular and games come on a disk, I don't see them going away.

      I guess it's good you don't run Gamestop. The bolded part is far from a given. Gamestop sees the writing on the wall. They're already trying to get as much of the digital pie as they can.

    7. Re:Game Stores by Anonymous Coward · · Score: 0

      The XBOne and PS4 are probably going to be around (as a guess) for the next seven years, and they have games on a disk. Perhaps the XBox 2 and PS5 won't, but that's still a while away.

    8. Re:Game Stores by Anonymous Coward · · Score: 0

      Gamestop doesn't sell computer games anyway. As long as consoles remain popular and games come on a disk, I don't see them going away. And that seems like it's going to be true for at least the next seven years.

      Except for the fact that GameStop does sell PC games. It has its own digital download service:
      http://www.shacknews.com/article/67981/gamestop-buys-impulse-spawn-labs
      http://www.impulsedriven.com/

    9. Re:Game Stores by thejynxed · · Score: 1

      They already have this. It's called Steam + Big Picture.

      What we are waiting on, is the official Steam Box to hit retailers, and the official SteamOS for those of us who want to dedicate a specific PC of our own making to games instead of shoveling it all into one system like we do on average now.

      With the performance drag between ECC and 'normal' RAM almost entirely vanished nowadays, I am seriously considering a gaming/movie server build for my next system that I can leave parked in a cabinet under my tv, and official SteamOS releases will be a big part of this.

      --
      @Mindless Drivel: 100% of Twitter posts ever Tweeted.
    10. Re:Game Stores by spire3661 · · Score: 1

      You shouldnt play games on anything that serves other clients 24/7. Games are flaky as hell. I even run my whole-house DVR headless.

      --
      Good-bye
  29. Fitting rooms by tepples · · Score: 5, Insightful

    I think the big shopping mall anchor stores (Macy's, JC Penney, etc) are all likely to fail in the next 20 years.

    Department stores have one big advantage over online stores: fitting rooms.

    1. Re:Fitting rooms by KillaGouge · · Score: 1

      What is to stop Amazon from buying up departments stores for a dime right before they finally fold and having Amazon stores, where you can try some things on, order it, and it is at your house by the time you get home?

      --
      GENERATION 25: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social exper
    2. Re:Fitting rooms by sehryan · · Score: 1

      So does the Gap, and all other smaller clothes stores. So does Kohls, Marshals, and all other "discount" clothes stores.

      As with Blockbuster, the threat was not solely from online, but a mix of online and alternative retail.

      --
      The world moves for love. It kneels before it in awe.
    3. Re:Fitting rooms by Anonymous Coward · · Score: 0

      Department stores have one big advantage over online stores: fitting rooms.

      And then people go home, buy the clothes in the size they want online at a significant savings.

    4. Re:Fitting rooms by Guido+von+Guido+II · · Score: 2

      They'd have to run them, which costs money. It would be a big change to their business model, and it's not necessarily something they'd be good at. As such, it's a big risk. Which doesn't mean they won't try.

    5. Re:Fitting rooms by seinman · · Score: 1

      One of the primary reasons that Amazon prices are so low is because they don't have any retail buildings to staff and maintain. If they start buying up stores and stocking them with staff, equipment, and merchandise, they will lose that edge.

    6. Re:Fitting rooms by RyuuzakiTetsuya · · Score: 1

      So you'd have the item on.

      Buy it.

      Then go home and wait for it to be delivered? ...

      Why not just take it home?

      --
      Non impediti ratione cogitationus.
    7. Re:Fitting rooms by DerekLyons · · Score: 1

      True. But the ones cited by the grandparent are all having their lunch eaten by Target and Wal-Mart, by the rise of the all-one supercenter retailers*, as well as by more specialized retailers (Toys R' Us, various clothing chains, etc...).. That's been a huge problem for department stores for a long time - you're competing with literally everyone. The rise of the mall specialty store over the last fifty years and the all-in-one supercenter over the last twenty have been particularly problematic. The big department stores have been coasting for decades on the strength of their brand names, but brand loyalty has decreased markedly over the last thirty-forty years, especially in Gen-X and younger.

      Sears, JC Penney, et al... have a tough problem, and it's not clear that a solution exists.

      *For example, here in the Pacific Northwest we have Fred Meyer, which is essentially Sears with a grocery store attached.

    8. Re:Fitting rooms by Anonymous Coward · · Score: 0

      I suspect most women will not be happy with trying something on and then placing an order for the same item because even though the size/style there are subtle differences that are noticeable.

    9. Re:Fitting rooms by Anonymous Coward · · Score: 0

      Even mass produced clothing of the same style/size fits will fit you differently. Many people they would rather try it on in the store and know what they're getting than risk having it not quite fit right as the one in the store. Women especially have this problem because how their clothing fits is usually more precise than men.

    10. Re:Fitting rooms by Anonymous Coward · · Score: 4, Informative

      As a slashdotter this may shock you: The malls are busy and very profitable. Department store space isn't going to be cheap anytime soon. Even in failing malls retailers like Target are happy to buy the big anchor store spaces.

      People still buy their clothes at local stores, and the main reasons are probably:
        1. Your computer still can't accurately represent colors, which are key to dressing.
        2. Manufacturers still can't cut clothes correctly, so you have to try on things in your size in brands you know.
        3. Manufacturers still don't know what an inch is, so no one actually follows a sizing standard.
        4. The sort of people who pay 3 times what their clothes are worth like to make a day out of shopping.

    11. Re:Fitting rooms by Grishnakh · · Score: 1

      Yep, Blockbuster was forced out of business by both Netflix/Amazon and, the final nail in the coffin, Redbox. Why spend $5 to rent a DVD from some big, overpriced store with annoying employees, when I can walk up to a big vending machine and rent the same video for $1?

    12. Re:Fitting rooms by MysteriousPreacher · · Score: 2

      What is to stop Amazon from buying up departments stores for a dime right before they finally fold and having Amazon stores, where you can try some things on, order it, and it is at your house by the time you get home?

      What would stop Amazon? Sound business sense and reality are what would stop them from doing this.

      It doesn't matter whether Amazon would buy sites or lease them - either way it's not going to be a "dime". Paying staff, and costs for 100,000 square feet for showrooms and fitting rooms seems pretty bizarre. They could do a bricks and mortar tie-in, but not at this scale while relying on their existing business model. The idea here is pretty much that the previous guy went bust because of a dying business model, so I'm going to jump in and do pretty much what he did? Maybe a smaller scale store with a specific focus - such as a tie-in to an Amazon specific product. Maybe a store that'd drive business to Kindle?

      As it stands, your idea is jam packed with lunacy. The only way I can top your idea is to suggest that Jeff Bezos could drive revenues by publicly shitting in to a box of squirrels.

      --
      -- Using the preview button since 2005
    13. Re:Fitting rooms by LordLimecat · · Score: 1

      Amazon provides no hassle, no-cost returns and free shipping in both directions.

      Case in point: I ordered a jacket on Wednesday, it arrived Friday, but didnt fit; I shipped it back (for free) on Saturday, and received a replacement by Wednesday.

      Thats really not bad, especially considering how good the price / selection was, that I didnt have to spend forever looking for the right size, and that my total time invested in the whole procedure was about 30 minutes in total.

      Compare with a store, where if it doesnt fit, I have to get in my car to head back to the store, spend time looking, spend time in line, etc etc; each store visit would easily be 30-40 minutes.

    14. Re:Fitting rooms by Grishnakh · · Score: 1

      From what I've seen in my attempts at shopping for clothes online, there's no savings to buying online at all. Instead, you can get good clothes much more cheaply by going to cheaper stores like Kohl's, or even Macy's, and then using the promotional coupons they frequently have for 15-20% savings.

    15. Re:Fitting rooms by usuallylost · · Score: 1

      Why even buy the department store at that point? Seems like you could setup shop in a fraction of the space, for far less rent, and do exactly what you described. They are already running local pickup services in some areas. Doesn't seem like much of a stretch to create a custom fit / merchandise pickup location. There are several companies out there that offer services where you give them your measurements and they hem or modify your cloths before they ship them to you. My guess is that if Amazon got into that space they'd probably do it faster, better,and cheaper. If they add a quick and easy way to get your measurements professionally done that seems like a winner. Especially if you could save your measurements to your profile and just order whatever cloths you want and be pretty sure they'll fit when they arrive. If fitting rooms really are the department stores saving grace they may be doomed.

    16. Re:Fitting rooms by PingSpike · · Score: 1

      Well, the lack of any consistency in clothing size even with the same item for one. My recent pants shopping expedition has shown that one size 34 waist pants from the same brand, in the same store taken off the same shelf as another can still be wildly different in fit, length and waist. The QA and manufacturing on these things is so horrible that you'll never know how any individual item fits unless you tried it on.

    17. Re:Fitting rooms by CODiNE · · Score: 1

      For now. Til online stores start making 3d models of customers through their webcams or an app and then virtually sizing them. Just a matter of time.

      --
      Cwm, fjord-bank glyphs vext quiz
    18. Re:Fitting rooms by Hognoxious · · Score: 2

      It could scan the customer and then make the garment to fit using a 3D printer.

      And yes, of course they'd accept payment by bitcoin!

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    19. Re:Fitting rooms by div_2n · · Score: 1

      Are we really that far away from a device in your home that you can stand in front of and it take your measurements? Something kind of like Kinect (if not Kinect itself).

      Then you can get size suggestions based on your preferences -- like you clothes to be a perfect fit or a little loose? Would you prefer clothes custom made to your exact measurements for a premium?

      Actually I'd be pretty shocked if someone isn't working on that right now.

    20. Re:Fitting rooms by Outtascope · · Score: 1

      This all seems ...so...familiar.... EBay Brick 'n Mortar

    21. Re:Fitting rooms by Anonymous Coward · · Score: 1

      Wait...you would go to a store, pick out a jacket, buy it and then take it home before trying it on to see how it fits? Why not try it on at the store?

      Your comparison is then 30-40 minutes to buy a jacket, or a full week process with possible trips to the post office to mail packages back.

    22. Re: Fitting rooms by Anonymous Coward · · Score: 0

      Whole body 3d scanner, long term hopefully we can get custom made clothes that actually fit correctly.

    23. Re:Fitting rooms by blackest_k · · Score: 1

      Mens clothes might stand the online treatment. Ever noticed the mens wear section is tiny compared to womens and childrens sections.

      As a woman said to me it is enough that a man is clean and smells nice.

    24. Re:Fitting rooms by Anonymous Coward · · Score: 0

      Would you trust some random app on the web to:
      A) Not leak your 3D models,
      B) Actually know what parts should be snug and what parts should be loose, and
      C) Reply honestly when they don't have the item which fits you properly?

      Maybe I'm being too cynical, but I'm expect it to incorrectly guess your size, then stretch the truth about what "fits comfortably", and then sell it all to advertisers.

    25. Re:Fitting rooms by CastrTroy · · Score: 1

      I've had the exact same experience. How long until they completely automate the manufacturing process for this stuff. It should be simple, especially for items such a pants. I'm just glad I'm not a woman. At least when i'm buying clothes, I can be pretty sure within a small margin of error if something will fit me right. With women's clothing, the whole system changes from one store to the next. In some stores you might be in a size 6, other stores size 10.

      --

      Anthropic principle: We see the universe the way it is because if it were different we would not be here to see it.
    26. Re:Fitting rooms by Anonymous Coward · · Score: 0

      As compared to going into the store on Wednesday, trying on a jacket, which doesn't fit, trying on a second jacket, which did fit, and having my now fitting jacket within, let's be generous and say 1 hour ... as compared to 1 week.

    27. Re:Fitting rooms by cellocgw · · Score: 1

      Are we really that far away from a device in your home that you can stand in front of and it take your measurements? Something kind of like Kinect (if not Kinect itself)

      you can do that now, but only when trying to board an airplane. So buy your clothes when starting a vacation, and have them arrrive at your destination the next day?

      --
      https://app.box.com/WitthoftResume Code: https://github.com/cellocgw
    28. Re:Fitting rooms by CastrTroy · · Score: 1

      Ideally you would have tried it on in the store, and you wouldn't have to drive back to the store. But I still see your point. Buying something like a Jacket can be problematic because to get a large selection like you would see at Amazon you have to go to many different stores, some of which may be on opposite ends of the city.

      --

      Anthropic principle: We see the universe the way it is because if it were different we would not be here to see it.
    29. Re:Fitting rooms by bored · · Score: 1

      Yah, I think redbox was the biggie. The business model encourages people to return them in 1 day. People are fairly happy, even if they keep the DVD for longer. Even if you return the DVD after two or three days its not like you feel raped by late fees that cost more for one day late than the previous 3 days of rental.

      So, redbox probably gets more per/day/DVD, they rent pretty much the same DVDs (the new release wall at blockbuster was the majority of their rentals), their overhead is way lower, they cater to the same customers (people looking for a new release _right now_), the customers pay less, and they leave feeling happy instead of raped. Is it any surprise blockbuster isn't around anymore?

      People looking for rare back catalog have netflix and the one or two local rental chains that are still around in any given town that have 20 years of back catalog rentals crammed into isles 2 feet wide.

    30. Re:Fitting rooms by khellendros1984 · · Score: 1

      Amazon: You order a jacket on Wednesday, it doesn't fit, and the replacement comes in a week later. You probably have to drive to a post office to ship it back.

      Retail store: You got to the store on Wednesday, and you find a jacket you like. You try on 5 different sizes in the store, right then and there, to preclude the possibility of needing to return it to the store. You get a jacket on the same day you decide to buy one.

      --
      It is pitch black. You are likely to be eaten by a grue.
    31. Re:Fitting rooms by LWATCDR · · Score: 1

      Department stores can live on what Amazon can not do well. Things you really want to see and touch before you buy.

      --
      See my blog http://ilovecookes.blogspot.com/ for light hearted technical information.
    32. Re:Fitting rooms by zaxus · · Score: 1

      ...Jeff Bezos could drive revenues by publicly shitting in to a box of squirrels.

      I, for one, would pay to see that, so maybe there are in fact some revenue opportunities in squirrel shitting...who knew?

      --
      /. zen: Imagine a Beowulf cluster of Beowulf clusters...
    33. Re:Fitting rooms by LordLimecat · · Score: 1

      The jacket can be dropped at a LOT of locations-- UPS, anywhere with an amazon locker, or at-home pickup.

      Going to the store is a massive hassle for someone as tall-but-thin as I am; MANY stores are simply out of the question as they dont have large sizes, and those that do you have to hunt for a long time.

      Some stores additionally (Costco) dont really have a place to try stuff on, though they do sometimes stock decent clothes. You end up having to guess if the item is "tall" enough (it almost never is), and if youre wrong, yes you have to come back to return it.

      Online shopping is really just less of a hassle, because of a few things; I can easily see what sizes of particular brands fit well by checking my history, i can quickly find the right size without digging through a metric ton of clothes, and I dont have to stand in line.

    34. Re:Fitting rooms by ah.clem · · Score: 1

      I think Amazon already has a "fitting room"; it's called Best Buy, and they don't seem to be too happy about it...

      --
      "Life is not magic." Dr. Ron Weiss - "If we don't play God, who will?" Dr. James Watson
    35. Re:Fitting rooms by LordLimecat · · Score: 1

      Retail store also takes like an hour, its impossible to find sizes that fit me (tall), the selection sucks, and the prices suck.

      And the jacket can be returned at amazon lockers, which are all over the place, or at UPS, or they can pick it up @ home for $5.

    36. Re:Fitting rooms by Anonymous Coward · · Score: 0

      Department stores have one big advantage over online stores: fitting rooms.

      Almost irrelevant. I buy clothes/shoes from online stores that already offer *free* two-day shipping and *free* returns (yea, yea,..."free" meaning "built into the price"...still, the point is that even with those perks, online stores can still beat brick and mortar's on price!)

      In fact, its actually more convenient for me to shop online. If I need something in a hurry, its different, but why not stretch out the proces of buying some new shoes into 2 days when it actually occupies less of my time? It takes me 45 minutes just in driving to go to/from the mall, not to mention parking, searching the store for the right sizes, fighting crowds, etc....

    37. Re:Fitting rooms by cusco · · Score: 1

      My wife works in a large retailer, and she hears this frequently from customers. A dress on this rack is a size 10 and fits perfectly, a similar dress on that rack is a size 13 and too small. Even within the same brand, when the design is done by one company it can be a dramatic difference in size than if it were done by a different company (none of them design their own stuff).

      --
      "Think about how stupid the average person is. Now, realise that half of them are dumber than that." - George Carlin
    38. Re:Fitting rooms by flanders123 · · Score: 1

      I think the big shopping mall anchor stores (Macy's, JC Penney, etc) are all likely to fail in the next 20 years.

      Department stores have one big advantage over online stores: fitting rooms.

      Your home can be a fittting room...

      Zappos.com (owned by Amazon) has free 2 day shipping and free returns both ways. I often order the same clothes in a few sizes from there, keep the one that fits and return the rest. They have videos of the clothes on people to help you decide, but failing that the return process is flawless. I am a tall size (6'4" / 1.9m) and shopping malls often don't carry odd sizes. Online usually does. Some prefer to touch before buying so I respect that.... I just hate malls.

      Offtopic Big/Tall Protip: 6pm.com offers tall sizes for cheap because they typically are the last to sell. They however do not have Zappos excellent customer service and return policy (Even though they are owned by Zappos / Amazon)...they are the online no-return clearance rack.

    39. Re:Fitting rooms by AvitarX · · Score: 1

      As a shopper, I'd say there's room for improvement on the distribution to stores side.

      Shoes are never regularly in stock, sizes for color vary in availability wildly.

      The concept of buying at the start of a season, and only having oddly sized and colored things by the time one needs the clothing (try buying a warm jacket in January, when it actually gets cold, there's a pathetic selection deeply discounted, and lots of spring attire full price).

      Amazon, could use their skill at warehousing and distribution and stand a chance to dominate retail. It worked for Wal-Mart, but they used all that skill to drop price, I don't see why a different business model could do it with a focus on increasing convenience. Target is the nicest place with a convenient selection, and their clothing is shit.

      --
      Wow, sent an e-mail as suggested when clicking on "use classic" banner, and got a fast response that addressed my msg
    40. Re:Fitting rooms by lgw · · Score: 1

      You're telling me! Last time I used Best Buy to try on pants they were downright miffed.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    41. Re:Fitting rooms by cusco · · Score: 1

      And spyware on the Kinect moves into a whole new dimension . . .

      --
      "Think about how stupid the average person is. Now, realise that half of them are dumber than that." - George Carlin
    42. Re:Fitting rooms by tepples · · Score: 1

      Having to catch the bus out to the post office to drop off returned goods, stand in line at the post office, and wait an hour for the bus to come back around is a pain.

    43. Re:Fitting rooms by corbettw · · Score: 1

      Sears made that change 100 years ago, there's nothing saying Amazon won't, also.

      Remember, Sears started as the first Amazon, but using catalogs instead of a website. That they forgot their beginnings is why Amazon was able to take such a huge and early lead.

      --
      God invented whiskey so the Irish would not rule the world.
    44. Re:Fitting rooms by Anonymous Coward · · Score: 0

      You can mail things from your house. True story.

    45. Re:Fitting rooms by khellendros1984 · · Score: 1

      So, "YMMV", as usual. For your case, online is better. Your objections to in-store shopping don't apply to me, so in my case, retail shopping is better (most of the time).

      --
      It is pitch black. You are likely to be eaten by a grue.
    46. Re:Fitting rooms by Anonymous Coward · · Score: 0

      Fitting rooms are only necessary until the manufacturers are dragged out of the dark ages and start specifying their clothing by exact, objective measurements. If all clothing articles were described by the important metrics, you could do your own measurements and then buy whatever you want with the confidence that they were the correct size for you.

    47. Re:Fitting rooms by dhaines · · Score: 1

      Redbox's big win is convenience. It's at the grocery store or drugstore I'm going to anyway.

      Yeah, first world problem, but going to yet another destination (twice) for a couple hours of superheroes or lens flares was what killed Blockbuster.

      If physical media has any shot at competing with streaming, it's gotta be on the way to the beer aisle.

    48. Re:Fitting rooms by stdarg · · Score: 1

      Even easier (technologically), you could enter the year/brand/style/size of clothes you already own that fit well and the computer should be able to identify your profile and find similarly sized stuff.

    49. Re:Fitting rooms by div_2n · · Score: 1

      This assumes that the clothes are generally correct in their sizes and uniform across brands. I've found this not to be true. Seems like I read articles about that recently that some brands were making large sizes smaller in name only to make consumers feel better about buying their products.

      You've never had clothes fit so comfortably than those literally custom made for your body. If you've never had a nice dress shirt custom made/fit, it's a whole new experience.

  30. Old "failed to take seriously" argument by T.E.D. · · Score: 5, Insightful

    I hear this argument every time for companies that fail to shift to a new market reality. Examples are Xerox (with their PARC stuff), Polariod, Blackberry, IBM back in the day, record companies, etc. That's a complete misreading of the issue. It isn't about having some misguided sense of humor, its about fear.

    The problem entrenched companies have is that while they have a market that they dominate that is acting as the company gravy-train, all the incentives in the world are acting upon them to protect that gravy train. This works well for them with normal competitors, but if someone finds a way to undermine the entire system (eg: online distribution for music), no matter how inevitable the coming change may be, it is a direct attack on their gravy train, and they will attack it back. If they tried to do the same thing themselves, at best they'd only cannibalize their own sales. What good is that?

    Yes, it may be short-sighted. But we are a short-sighted species. A company's employees don't take their salary "in the long run", and their families don't eat "in the long run" either.

    1. Re:Old "failed to take seriously" argument by Anonymous Coward · · Score: 0

      It's not so much as entrenched companies as it is executives taking their marching orders from accountants and lawyers. Once that is done the mission statement and everything about the original company is gone. Never let an accountant or lawyer allow you to deviate from your original plan. This is the reason for all the movement of manufacturing to China, and why it's leaving China now, because a little money can be saved.

    2. Re:Old "failed to take seriously" argument by T.E.D. · · Score: 1

      I disagree. You take any committed employee of a company like Polariod, from the CEO on down to the mailroom clerks, and you will find that they truly honestly believed in the company's polaroid market and the need to protect it at all costs.

      Think about it this way: Imagine the alternative. You start a new subdivision to work on developing business under the new paradigm. The harder everyone in that subdivision works, and the better they do their jobs, the more money the company is going to lose. How popular do you think that will make them?

      Actually, you don't have to even use your imagination. IBM did exactly this with the PC in the early 80's when their business was all Mainframe-based. The upshot is that the group working on it had to do it pretty much without any support whatsoever from the main company, like they were a startup with an IBM benefits package. When they finished and presented the company a product, IBM did commit marketing resources to it. However, the amount of esteem they held it in is easily illustrated by what happened next. Within 10 years the market had grown through the roof, but very little of it belonged to IBM.

    3. Re:Old "failed to take seriously" argument by DerekLyons · · Score: 1

      Yes, it may be short-sighted. But we are a short-sighted species. A company's employees don't take their salary "in the long run", and their families don't eat "in the long run" either.

      There's another type of sight you're missing here though... hindsight. When Netflix first hit the scene, it was anything but clear that they would survive - let alone prosper. Hindsight is always 20/20, and I find it hard to blame people for having cloudy crystal balls.

    4. Re:Old "failed to take seriously" argument by LWATCDR · · Score: 1

      True take DEC for example. They could have produced an cheap PDP-11 for the same price as the IBM PC and done it before the PC launched. They didn't because they did not want to destroy compete with their own products. IBM could have made the PC use the same ISA as the 360 series mainframe. The model 20 shipped with as little as 4k in the early 70s so it could have been the basis for the PC. IBM might have ended being IBM, Intel, and Microsoft if they had sold CPUs and OSs to other makers as well as making their own computers. Again they did not want to drop a high profit line for a lower margin line.

      --
      See my blog http://ilovecookes.blogspot.com/ for light hearted technical information.
    5. Re:Old "failed to take seriously" argument by HornWumpus · · Score: 1

      DEC couldn't make a PDP-11 out of commodity chips. Even if they had matched price they would have lost in the market and lost money on every one.

      An IBM PC with JCL! That would have worked.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    6. Re:Old "failed to take seriously" argument by ArbitraryName · · Score: 1

      That's how short sighted companies that fail think, yes. I work for a company that (primarily) prints and mails things like utility bills, insurance EOBs and financial statements. What do you think the long term prospects are for the business model of sending information on paper to people's homes? The company is well aware of this and is actively trying new business models like ebilling and working on new market segments entirely. While I certainly question some of their management decisions, short shortsightedness is at least not among their flaws.

    7. Re:Old "failed to take seriously" argument by Anonymous Coward · · Score: 0

      If they tried to do the same thing themselves, at best they'd only cannibalize their own sales. What good is that?

      That's the biggest underlying problem with businesses that find themselves in a situation like Blockbuster, a market dominator in a suddenly disrupted market. Management at those corporations are so used to making money hand-over-fist that they come to believe they deserve to make that money, and that any loss of their current profit is completely unacceptable.

      What Blockbuster management didn't understand was that the choice wasn't between making lots of money and making a little less money. Their choice was between making less money and making no money at all.

    8. Re:Old "failed to take seriously" argument by LWATCDR · · Score: 1

      DEC had a microprocessor PDP-11 in 1975. They had the F11 CPU by the time the PC came out and the J11 by 1983. It did not have to be made out of commodity chips as DEC could have offered to second source their CPU and make them commodity chips.

      --
      See my blog http://ilovecookes.blogspot.com/ for light hearted technical information.
    9. Re:Old "failed to take seriously" argument by Anonymous Coward · · Score: 0

      I don't know about you, but I do take my salary in the long run. It happens to be spread out throughout the whole year. It would be a very different world if I was paid in full on January 1st, and then not paid for the rest of the year.

    10. Re:Old "failed to take seriously" argument by T.E.D. · · Score: 1

      What Blockbuster management didn't understand was that the choice wasn't between making lots of money and making a little less money. Their choice was between making less money and making no money at all.

      What this is missing is that a "company" is a legal fiction, covering the accumulated action of a bunch of people. The employees of Blockbuster were in a position where any change (including buying Netflix or making their own) would wind up losing them money (and thus people) in the short and medium term. So the most logical move for them was to fight against change tooth-and-nail.

      Now in the long run, yes that's a course for going out of business. However, that long-term benefit to "the company" wouldn't have been much consolation to all the employees and their families (aka: human beings) thrown out of work early if BB had embraced the paradigm shift. Netflix doesn't have nearly the amount of employees that Blockbuster had, and they are totally different types of jobs, held by different types of people.

      So really it was just a choice for how they as employees were going to find themselves out of jobs. Their choice was to fight it.

  31. Going, going, not quite gone by tepples · · Score: 2

    Likewise, when streaming video became a ubiquitous thing, it should have been obvious that video disc rental was going away.

    Going away, not quite gone away. Streaming releases on Netflix, as I understand it, happen several months after the DVD release. Streaming is still impractical among people who can't yet move out of an area where nobody offers cable or fiber Internet. And how well is streaming doing in Europe and Australia/New Zealand, which have fewer potential customers per country and per language market than anglophone North America?

    1. Re:Going, going, not quite gone by rotor · · Score: 1

      "Can't yet move?" There are an awful lot of people out there living in areas without high speed internet by choice who still like to watch a movie now and then. Not everybody wants an urban or suburban lifestyle.

      --
      Addlepated - punk & metal
    2. Re:Going, going, not quite gone by Anonymous Coward · · Score: 0

      Streaming releases on Netflix, as I understand it, happen several months after the DVD release.

      Rarely. If the movie is any good, it can take years if ever to show up on Netflix streaming. Plenty of movies just aren't there.

    3. Re:Going, going, not quite gone by jrumney · · Score: 1

      Rarely. If the movie is any good, it can take years if ever to show up on Netflix streaming. Plenty of movies just aren't there.

      If the studios offered legal ways to stream their most popular new releases, it would affect their loss of revenues from piracy, which would lose them political leverage. How will they get the next successor to the DCMA passed then?

  32. Best Buy is still around, unlike Circuit City by neo-mkrey · · Score: 1

    Divx was the beginning of the end for CC.

    1. Re:Best Buy is still around, unlike Circuit City by spire3661 · · Score: 1

      Getting rid of their commissioned sales force is what killed them.

      --
      Good-bye
    2. Re:Best Buy is still around, unlike Circuit City by CCarrot · · Score: 1

      Divx was the beginning of the end for CC.

      Hmm, funny. Both are still going strong up here in the great white north...if you catch them on sales they're actually both pretty competitive.

      My last laptop was purchased at Best Buy, and my friend's laptop came from Circuit City (aka Radio Shack) last year. And Circuit City does have slightly different stock than do the big twins (Best Buy and Future Shop), so if you're looking for a specific model, it's definitely worth checking out.

      --
      "I love animals! Some are cute, others are tasty, what's not to like?" - Betsy Schroeder, Jeopardy contestant
    3. Re:Best Buy is still around, unlike Circuit City by Anonymous Coward · · Score: 0

      Their commissioned sales force is what killed them. Circuit City was a terrible experience every time because the employees would hound the customers.

  33. Then again, who cares? by timeOday · · Score: 1
    The premise of this story is that Netflix could have been bought by Blockbuster, and that Blockbuster would then have operated Netflix pretty much as it is operating now. Under this assumption of more dynamic Blockbuster management, they would have been shutting down the retail stores about now anyways, since they are not profitable any more.

    In other words, the world would be just like it is now, but with a different brand name on a website. No more or less movies would be available to consumer, and there would be no more or less net jobs.

    I can't think of one meaningful thing it would have actually changed.

    1. Re:Then again, who cares? by jythie · · Score: 1

      Actually, it probably would have killed Netflix.

      While people like to focus on Blockbuster's strategic decisions, they tend to do this from a bit of a tech fetish perspective and forget that retail rental was pretty profitable until pretty reciently. What really killed Blockbuster was being spun off from its parent company with around a billion dollars in someone else's debt, which meant much of its profits went into loan payments.

      Sadly, if your lawyer is good, it is perfectly legal to buy a company, take a loan out, keep the money, transfer the loan to the company, then spin them back off. That is what killed Blockbuster and if they had bought Netflix they probably would have crippled them.

    2. Re:Then again, who cares? by CCarrot · · Score: 1

      The premise of this story is that Netflix could have been bought by Blockbuster, and that Blockbuster would then have operated Netflix pretty much as it is operating now. Under this assumption of more dynamic Blockbuster management, they would have been shutting down the retail stores about now anyways, since they are not profitable any more.

      In other words, the world would be just like it is now, but with a different brand name on a website. No more or less movies would be available to consumer, and there would be no more or less net jobs.

      I can't think of one meaningful thing it would have actually changed.

      Mail service in Canada, perhaps?

      I will very much miss Blockbuster, not for the renting so much, but for the cheap used DVD / Bluray purchasing options...so many of my movies came from Blockbuster...

      --
      "I love animals! Some are cute, others are tasty, what's not to like?" - Betsy Schroeder, Jeopardy contestant
    3. Re:Then again, who cares? by timeOday · · Score: 1

      It seems to me that most mergers are for the benefit of top management. The investors have stock in both companies so it hardly matters to them - they only benefit if the whole is really more than the sum of its parts. There's no direct way to measure this - even if the merged company is soon worth more than the two that were combined, maybe it's because they're now monopolizing the industry, so the extra profits come at a cost to other industries in which investors also have shares.

    4. Re:Then again, who cares? by jythie · · Score: 1

      It can really vary. Sometimes, esp with smaller companies, mergers can be really helpful since instead of having two companies 'partnered' (which is often a nice way of saying 'trying to screw each other') you have one unified goal. It can also really help in terms of authority within cross company projects. With a simple partnership or buisness relationship if you have a complaint about how another team is behaving the best you can do is have 'equal footing' bosses discuss it. Under a merger, there is SOME authority up the chain that can settle things./

  34. Re:More insight from the Slashdrones? by EvanTaylor · · Score: 1

    Not participating in a change directly does not preclude one from anticipating its inevitability.

    --
    Sleep is for the weak.
  35. Walmart is next by RevWaldo · · Score: 2

    No, I don't know how. But then again, neither do they. They won't even see it coming.

    .

  36. It's business by countach44 · · Score: 1

    "Your age probably determines whether you think of Blockbuster Video as a fond memory or a dinosaur predestined for extinction."

    How about neither? When they came into town, the locally owned ma & pop video rental that had been around since the dawn of home video rentals closed almost immediately.

  37. Uh, because it was a nice place to go find a book by Marrow · · Score: 1

    to read. If you wanted to read old stuff, then you should have been shopping at a used bookstore. They are good for the older titles and often have a broad selection. But Borders was a nice place to find a new book to read.

  38. Best Buy isn't Going Away by Kagato · · Score: 4, Interesting

    Best Buy got rid of the C level staff that were associated with the old CEO/founder. The new CEO made a number of hard choices and focused on the fundamentals. That has lead to a significant recovery. The stock price has more than tripled and they are one of the best performing companies on the S&P500 right now.

    Major point, the online pick-up is now part of check out area and not customer service. For years I hated using online pick-up because without fail I would be stuck waiting behind someone making the financial transaction of the century. I used to use Circuit City pick-up all the time because it was always ready when I got their. I found it less frustrating to use Amazon and wait the extra day instead of waiting in line. So it's a great change.

    They making some good changes to the loyalty program. It's one of the easier ways of getting money back on purchasing rarely discounted Apple Hardware.

    They got out of some really badly done deals internationally. The Cellphone Warehouse deal for UK expansion gave Cellphone Warehouse a cut of BB's US cell sales.

    Certainly there is risk for them. If all the changes don't turn into great numbers for the holidays it could spell disaster. We'll know in a couple months.

  39. Netflix didn't kill Blockbuster by Anonymous Coward · · Score: 0

    That is a common misconception. Blockbuster killed Blockbuster. Their movie rental prices were too high, the late fees were atrocious, their game rental prices skyrocketed...if Blockbuster had fair prices, pushed their used movie/game sales harder after they weren't as popular, and didn't pillage their customers on late fees, they would have been fine.

    Netflix nor Redbox has the movie selection Blockbuster did, nor do they have the massive video game selection. People only went to those options because they were so much cheaper than what Blockbuster was offering. Blockbuster was too greedy and they killed themselves.

  40. Re:Uh, because it was a nice place to go find a bo by drinkypoo · · Score: 1

    My favorite used bookstore is also a better new bookstore than Borders. It's in Santa Cruz, where I no longer live, and it's called Logos. The Borders moved in within a stone's throw, but obviously was defeated.

    Sadly, I can think of few other examples. Location, location, location...

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  41. They vary by Causemos · · Score: 1

    As with movies, the quality of extras varies greatly. Simple goof reels and dry technical descriptions are one thing, but when they take the time to find real stories in the process it's a whole different world. On a movie you truly like, a good commentary and collection of extras videos can be as enjoyable as the movie itself.

  42. nevermind whether it's a public good or not... by Anonymous Coward · · Score: 0

    direct subsidizes from the government to provided universal access

    ooooohhhhh! why you.... that's SOCIALISM!! <haid asplode>

  43. Different ideas of what a "large" is by tepples · · Score: 1

    Different apparel manufacturers have different ideas of what a "large" is, especially from one country to another.

    1. Re:Different ideas of what a "large" is by Anonymous Coward · · Score: 0

      Indeed, a Korean XXL is an American XXS....

    2. Re:Different ideas of what a "large" is by Anonymous Coward · · Score: 0

      Same deal with condoms. Go to africa, you think they were designed for horses. Go to asia, you think they were designed to fit your pinky finger.

    3. Re:Different ideas of what a "large" is by Anonymous Coward · · Score: 0

      In some countries condoms are designed for horses. Don't want them getting preggers.

  44. Be Fair to Blockbuster by organgtool · · Score: 1

    How could they have possibly known that people would prefer to stream videos directly from their couch rather than leave the house into whatever nasty weather was waiting for them outside and drive all the way out to a store full of loud and misbehaving children only to find that every movie worth watching had already been rented?

    Don't get me wrong, I have plenty of fond memories of renting movies and video games from Blockbuster. But they had nearly two decades to prepare for the transition to digital and they dragged their heels every step of the way. Anyone who understood technology knew that the transition to digital was inevitable, so it's not like there was a lot of risk in investing in that direction. Even if you argued that the transition did not seem inevitable at the time, smart executives would have prepared for it anyway just to hedge their bets. Since Blockbuster fumbled on every count, it's hard to feel that bad for them.

    1. Re:Be Fair to Blockbuster by Anonymous Coward · · Score: 0

      Anyone who understood technology knew that the transition to digital was inevitable,

      Transition to digital?

      You know that DVDs are already digital? And computer games have been digital since the very first of them was made.

    2. Re:Be Fair to Blockbuster by crunchygranola · · Score: 1

      You forgot the part about doing it on Friday night after work, and the single long line you had to stand in to conclude your rental.

      --
      Second class citizen of the New Gilded Age
  45. Entitlement to a business model by onyxruby · · Score: 1

    The problem is that some businesses think that they are entitled to a given business model and way of getting money. These companies are the ones that will inevitably fail because they can't take the risk of killing their own cash cow. History is littered with examples from Kodak to Polaroid and so on.

    What I don't see though is people willing to site companies that are willing to sacrifice their sacred cows and look for news ways of doing things. I'm going to cite IBM which was once so synonymous with making personal computers that they were the very standard (PC or Mac - PC was /their/ thing) for the entire rest of the industry. Nowadays IBM is a software and services company that makes servers and mainframes primarily as a means by which to sell their services. Another company is Amazon which famously used to be a book company in it's earliest years before branching out into just about everything else. Amazon has also publicly committed to avoiding fat margins to force his business to be lean and competitive.

    Entitlement gets you a footnote in the history books, refusing to be entitled keeps you in the Wall Street Journal. There is nothing more dangerous to a business than entitlements for they engender complacency and complacency engenders competitors to take your place.

  46. I'm not surprised that happened to sears by NotSoHeavyD3 · · Score: 1

    Because what I remember was that anything you ordered took weeks to show up.(This was back in the 80s) It took so long most of the time I had already bought it locally at another store. After doing that a few times I didn't bother ordering anything from Sears since it was a waste of effort.

    --
    Did you know 80 to 90% of the moderators on slashdot wouldn't recognize a troll even if one dragged them under a bridge.
    1. Re:I'm not surprised that happened to sears by Rob+the+Bold · · Score: 1

      Because what I remember was that anything you ordered took weeks to show up.(This was back in the 80s) It took so long most of the time I had already bought it locally at another store. After doing that a few times I didn't bother ordering anything from Sears since it was a waste of effort.

      I think getting that call that the snowblower had arrived in April was the best. My parents would order stuff from Sears and have to wait forever. And even when it came it, wait some more in the pickup room while they tried to find it. Was the store just sitting on orders till they got enough to reach a better quantity price point with the manufacturer? At least you could get that weird-sized socket off the retail floor and get back to taking apart or putting together whatever needed fixed the same afternoon.

      --
      I am not a crackpot.
    2. Re:I'm not surprised that happened to sears by Anonymous Coward · · Score: 0

      Because what I remember was that anything you ordered took weeks to show up.(This was back in the 80s) It took so long most of the time I had already bought it locally at another store. After doing that a few times I didn't bother ordering anything from Sears since it was a waste of effort.

      Maybe living close to a large city that would be the case. Mail ordering stuff was a boon to those living in the sticks back in the day.

  47. Re:Netflix didn't kill Blockbuster by PortHaven · · Score: 1

    Netflix has WAYYYYYY more movie selection than Blockbuster.

    Here is my story. I rented two DVDs from a local chain on the weekend. Only got to see one movie. $4/each. Forgot to bring them with me and got hit with $4/each in late fees. I was out $16. I realized for $4 more I could of owned the movie.

    Then I saw a $19.99 Netflix add "No Late Fees", and I tried it. I later bought stock at $10-$15. Best financial move EVER!!!!

    A few years ago I received $10 Blockbuster gift card. I went and spent over an hour and a half trying to pick two movies to rent. Wasted so much time I didn't even get to see a movie that night. Ever new movie they had was either out of stock, or I had seen it already.

    In the end I bought a used copy of "I, Robot". It was a bad model. That on demand streaming killed.

  48. next by roc97007 · · Score: 1

    > Who is next to join Blockbuster, Polaroid, Borders and Best Buy on the ash heap of superseded retail business models?"

    I'd say the Microsoft OS and office suite divisions. They're still trying to maintain these as major revenue streams at a time when these things are commonly free.

    I think Microsoft as a company will continue to exist, but as a smaller, device oriented company.

    --
    Oliver's law of assumed responsibility: If you're seen fixing it, you will be blamed for breaking it.
  49. Blockbuster DID take streaming seriously by Anonymous Coward · · Score: 0

    A close friend was a senior consultant on that 10-15 years ago. I had a long conversation with him one evening after he'd spent all day in a Dallas parking lot collecting satellite link bit error rate data with some completely clueless engineer whom he had to teach how to do the work. My friend is NOT an engineer. In fact he doesn't even have a college degree. But he knows how to solve problems.

    The conclusion at that time was that the technology available wasn't up to the task. The real mistake was not revisiting streaming periodically to see if it had become practical.

    Just because it was tried and didn't work in the past doesn't mean it won't work now. I'm currently doing stuff I'd have rather derisively told you can't be done just a few years ago. I'm still quite amazed as it's a maths issue. But I can now compute things I couldn't afford to do then.

    1. Re:Blockbuster DID take streaming seriously by ponraul · · Score: 1

      They partnered with Enron for bandwidth and content delivery. Rip.

  50. Even we schrubs could see by kilodelta · · Score: 1

    That Blockbuster was doomed. As soon as online video became a reality you could slowly see traffic at Blockbuster stores dwindling down to nothing. It's funny though, the industry is littered with companies that saw a glimpse of the future and chose to ignore it, companies like Kodak, Blockbuster, etc.

  51. ... and yet ... by damn_registrars · · Score: 1

    Best Buy is still in business. You can bash them as much as you want, but they do still exist and they do still operate stores. You can tell me about how much cheaper you can get what you want from Amazon and how much you hate the cashiers at you local store, but that doesn't really matter. They are still in business because people still want to buy things in person, and some of those items aren't carried at WalMart.

    They still have a few years to go, if they continue to not figure out what they need to change to be relevant with younger consumers. They have at least a few years because it will take that long for online merchants to figure out a way to get their products to people more quickly without charging too much for shipping. There will always be consumers who want their items today, and there will be retailers to fill that niche. It might not be Best Buy in the future, but there will be someone.

    --
    Damn_registrars has no butt-hole. Damn_registrars has no use for a butt-hole.
    1. Re:... and yet ... by nomadic · · Score: 1

      I occasionally hit up Best Buy, and honestly their prices are frequently on par with Amazon and even sometimes Newegg.

    2. Re:... and yet ... by damn_registrars · · Score: 1

      SSSHHHH! Don't suggest that in front of the Amazon loyalists. They insist that everything at Amazon is at least 99.9% cheaper than any brick and mortar retailer that has ever existed for the same item.

      --
      Damn_registrars has no butt-hole. Damn_registrars has no use for a butt-hole.
    3. Re:... and yet ... by Rob+the+Bold · · Score: 1

      I occasionally hit up Best Buy, and honestly their prices are frequently on par with Amazon and even sometimes Newegg.

      I haven't darkened their door in years. Maybe they've changed, but it seemed like they set up the whole store from the architecture to their policies to the staff to be maximally irritating (or worse). The physical space seemed intended to be agoraphobia-inducing in a way few retailers could match. The irritating know-nothing salespeople who seemed to exist for no other reasons than to hover until needed and then vanish and sell extended warranties on stuff that would be obsolete in less than 2 years. The sneering roided-up inventory control yellow-shirt at the door. The stories of managers hassling and even calling the cops on customers comparison shopping. It was just really unfriendly and unpleasant.

      --
      I am not a crackpot.
    4. Re:... and yet ... by lgw · · Score: 1

      I've been to Best Buy twice this year, due to trips to see the parents. They were actually quite nice for buying a TV, both the saleslady and the guy from Samsung (Samsung has someone at ever Best Buy, apparently, to provide the sort of technical product info that Best Buy has always failed so hard at knowing). I don't think they even pushed the warranties (though they sill push cables).

      I still wouldn't buy anything computer-related there, but they seem to be getting some kind of clue for consumer electronics.

      --
      Socialism: a lie told by totalitarians and believed by fools.
  52. Bad Decision by Princeofcups · · Score: 1

    It's a misconception to believe that a successful business under a particular name is in the best interest of the owners of any company. Often when a company is approaching its twilight, it makes more sense to run it into the ground and sell off the assets. Remember, the actual workers and benefits to society do not matter the least bit in American business. All that matters is maximizing the profits to the owners or share holders.

    --
    The only thing worse than a Democrat is a Republican.
  53. hmm by nomadic · · Score: 1

    I stopped in a Blockbusters the other day to see if their "going out of business" sale was any good and was severely disappointed. Like, 10% off retail for new DVDs.

    Now, Borders, THAT was a going-out-of-business sale. Like 70%-90% off new books and ridiculously priced blu-rays (I was getting titles I actually wanted for like a few bucks each).

  54. Good times, that ... by Anonymous Coward · · Score: 0

    To me, fair friend, you never can be old,
    For as you were when first your eye I eyed,
    Such seems your beauty still. Three winters cold
    Have from the forests shook three summers' pride,
    Three beauteous springs to yellow autumn turn'd
    In process of the seasons have I seen,
    Three April perfumes in three hot Junes burn'd,
    Since first I saw you fresh, which yet are green.
    Ah, yet doth beauty, like a dial-hand,
    Steal from his figure and no pace perceived;
    So your sweet hue, which methinks still doth stand,
    Hath motion and mine eye may be deceived:
          For fear of which, hear this, thou age unbred;
          Ere you were born was beauty's summer dead.

  55. Best Buy??? by David_Hart · · Score: 1

    Um... The reports of my death have been greatly exaggerated!

    - Amazon is now collecting taxes, which was one of their advantages over box stores.
    - Amazon is moving towards Sunday delivery using USPS, which is an advantage that box stores have had (i.e. open on Sundays)
    - Best Buy is now matching online prices, including Amazon, Frys, etc.
    - Best Buy returns can be completed the same day

    The linked article about Best Buy in the original post mentions Costco, Target, and Walmart as direct competitors. However, it's been my experience that Best Buy, at least in my area, has had similar if not better pricing than all of these. I bought a new Plasma TV and A/V Receiver a year ago, I checked out Costco, Best Buy, Amazon, etc. and ended up buying from Best Buy, simply because they had the best price.

    Granted, Best Buy has implemented a number of different strategies to maintain profitability and not all have succeeded. However, to say that the retail store is a dead business model is a tad short sighted. People still like to see, touch, experience stuff before buying. If the price is the same, whether you buy from a web store or a retail store, most people will happily buy directly from the retail store since they are already there.

    In my opinion, grouping Best Buy in with Polaroid, Borders, and Blockbuster shows more about the poster's bias than reality.

    In no way am I defending Best Buy. My point is simply that the physical retail model is not going to die any time soon. Streaming video is what killed Blockbuster because the product (i.e. movie) could be delivered instantly. In the future, we will have maker bots in our homes (equivalent to streaming). This is what will eventually kill retail stores.

  56. 20/20 hindsight by DerekLyons · · Score: 1

    They could have killed/bought redbox and netflix easily. But the Executives at Blockbuster are still too stupid to realize that they had to change models. I guarantee they still deny they did anything wrong.

    Keep in mind that at the time, it was anything but clear that Netflix would survive... let alone prosper. The same for Redbox. Hindsight is always 20/20.

    1. Re:20/20 hindsight by porges · · Score: 1

      You'd think hindsight would be better than 20/20, really.

  57. Re:Netflix didn't kill Blockbuster by Bill_the_Engineer · · Score: 1

    Blockbuster killed Blockbuster. Their movie rental prices were too high, the late fees were atrocious, their game rental prices skyrocketed

    Blockbuster days didn't become numbered until RedBox arrived. Why go to the BlockBuster 4 miles away to pay $5 for a rental when you could easily go down the street to the nearest RedBox machine and get that same rental for $1.

    I agree too much credit is being given to Netflix.

    --
    These comments are my own and do not necessarily reflect the views or opinions of my employer or colleagues...
  58. 28 days late by tepples · · Score: 1

    Why spend $5 to rent a DVD from some big, overpriced store with annoying employees, when I can walk up to a big vending machine and rent the same video for $1?

    Because Redbox gets the movies 28 days late, and some movies are especially time-sensitive, especially holiday-themed movies. Or because the movie is no longer a new release and therefore no longer in Redbox.

    1. Re:28 days late by Grishnakh · · Score: 1

      Obviously, no one gives a shit about any of those factors, because Blockbuster is dead and Redbox and Netflix are doing great. People make fun of America's younger generations as being too impulsive and impatient, but apparently they're quite happy with waiting a few days for Netflix DVDs (for movies that aren't on instant play), or dealing with Redbox's lack of selection, and not at all willing to fork over $5 a pop for renting DVDs at a traditional store, whereas only here on Slashdot do I see people crying and moaning about the demise of Blockbuster. This is rather funny: apparently the vast majority of Americans are actually more forward-thinking and less old-fashioned than the Slashdot crowd. Even my 75-year-old mother, who's a happy customer of Netflix and gave up on Blockbuster ages ago, makes you guys look like a bunch of old codgers.

    2. Re:28 days late by Firethorn · · Score: 1

      Don't forget Walmart on the 'No longer a new release' front. Lots of older DVD's available for only a few bucks more than what Blockbuster was renting them for.

      It got to the point with me for books and movies that I decided to go to cloud/server based storage because physical media just got too overwhelming - I couldn't keep track in my head which movies I owned and didn't, ended up with a fair number of duplicates when I finally got around to sorting everything.

      --
      I don't read AC A human right
    3. Re:28 days late by tepples · · Score: 1

      People make fun of America's younger generations as being too impulsive and impatient, but apparently they're quite happy with waiting a few days for Netflix DVDs

      What you say is fine for most movies, but not for holiday movies. Say a DVD comes out just before a holiday, such as Hop right before Easter. It won't hit Redbox and Netflix DVDs until after the holiday. Wait a year for the next holiday and it won't be in Redbox anymore.

    4. Re:28 days late by Grishnakh · · Score: 1

      I don't see the problem here. In such a case, you should be able to get it on Netflix or Amazon instant play. If not, then the idiot studio that made Hop is going to lose out, and either learn their lesson next year, or other studios will learn from them. There's tons of holiday movies on Netflix, so obviously someone's seen the light.

    5. Re:28 days late by cusco · · Score: 2

      I'm old enough to remember when people were complaining on SlashDot how Blockbuster was driving all the mom and pop video stores out of business.

      --
      "Think about how stupid the average person is. Now, realise that half of them are dumber than that." - George Carlin
    6. Re:28 days late by pspahn · · Score: 1

      But with holiday movies, your kids are going to be watching it twice a day around that holiday for several years. You might as well just buy the damned thing.... or, of course, they're always telling your kids no.

      --
      Someone flopped a steamer in the gene pool.
    7. Re:28 days late by cayenne8 · · Score: 1

      What you say is fine for most movies, but not for holiday movies. Say a DVD comes out just before a holiday, such as Hop right before Easter. It won't hit Redbox and Netflix DVDs until after the holiday. Wait a year for the next holiday and it won't be in Redbox anymore.

      I guess I pretty much end up seeing all "new" movies, about a year late then...

      I pretty much only(/B> rent then when they're available on Netflix. I've not been to a real movie theater in years, I just rent.

      So, this way, I've never had a holiday movie I couldn't watch on the holiday.

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    8. Re:28 days late by Politburo · · Score: 1

      Are you the same guy that brought up Hop like 5 times on the other Blockbuster thread? Just buy the damn thing already.

  59. Meyer vs Meijer by tepples · · Score: 1

    For example, here in the Pacific Northwest we have Fred Meyer, which is essentially Sears with a grocery store attached.

    And here in Indiana we have Meijer, which is essentially Fred Meyer with the serial numbers filed off.

  60. Re:Netflix didn't kill Blockbuster by Anonymous Coward · · Score: 0

    We're talking Blockbuster brick-and-mortar vs. Netflix online. Blockbuster wins hands down on selection. They had all the new releases, plus classics that Netflix has never had (want to watch Raiders of the Lost Ark? good luck with that). Blockbuster was very good about keeping films that people wanted to see, while getting rid of the crap (Netflix has some good stuff, but a lot of filler crap). The only thing Netflix is really great for is its TV show selection.

    What killed Blockbuster is, as you just said, their pricing. Blockbuster tried to rip people off, or maybe their model was so expensive they had to. Probably a bit of both, physical stores are very pricey to keep open.

  61. With apologies to Buggles by Hognoxious · · Score: 1

    # I started using usenet back in 98
        on dial-up I may add the speed was not so great
        and if you missed a segment you'd get quite irate

      ooo-a ooo-a
        I'm up till dawn, oh!

      ooo-a ooo-a
      Downloading porno ...

      Internet killed the video store.
      Internet killed the video store.

    --
    Confucius say, "Find worm in apple - bad. Find half a worm - worse."
  62. What about Family Video? by Anonymous Coward · · Score: 0

    Family Video is still building out, at least in my area. They got a gimmicky pricing structure, dirt cheap older movie rentals, & are family friendly. Plus you can actually get & return a video without that Redbox wait (if someone is in front of you).

    Video rental is hardly dead. Blockbuster just blew it.

  63. Wait for UBB like we have in Canada by Anonymous Coward · · Score: 0

    Good way to kill off NetFlix.

    Since our cable TV providers also happen to be our largest ISP's they just band together and introduce Usage Based Billing (UBB).

    Download too much, pay a steep penalty which oddly enough isnt applicable to their own PPV services.

  64. Your age determines... by skatefriday · · Score: 1

    Unknown Lamer is a young lad. If you go back far enough your age determines whether you think of Blockbuster as a vicious predator that drove all the mom and pop video stores (along with their extensive libraries) out of business, as a fond memory, or a dinosaur predestined for extinction. I sing no songs of lament for Blockbuster and their hideous storefronts that blighted retail locations across the country. Good riddance.

  65. Physical Copies Re:Game Stores by Anonymous Coward · · Score: 0

    There will always be a reason to own a physical copy. Ask the people who still buy vinyl.

     

  66. Blockbuster had video on demand in beta in 2000 by GodBlessTexas · · Score: 4, Interesting

    While working at Enron Broadband Services in 2000, we had partnered with Blockbuster to create a video on demand service, and had all the main/regional CLEC/ILECs as partners to provide last mile connectivity. We were able to stream better than VHS, but slightly worse than DVD quality video over a 1Mbps Internet connection that required you to have a set top box. We had successfully demonstrated the technology in the lab and were going into the first run trials to beta customer homes when Blockbuster pulled the plug. So they could have beat Netflix to the punch by bypassing the DVD rental business entirely and going straight to VOD, but they decided not to. Also, a little known fact is that it was the pro-forma $150 million Enron booked as earning on that VOD project before it ever hit a customer home that brought increased scrutiny to their financials before they ultimately went out of business a year later.

    --
    Remember the Alamo, and God Bless Texas...
    1. Re:Blockbuster had video on demand in beta in 2000 by tirefire · · Score: 1

      I think this post wins the "Best Comment" award. Prior to reading this, I had no idea that Blockbuster, VOD, and Enron were intertwined like this AT ALL.

  67. Rewind fees and late fees killed them by 140Mandak262Jamuna · · Score: 1
    The main source of revenue was the late fees and did not rewind fees. So they really hated the DVDs for robbing them of the did not rewind fees. And no late fee model? Anathema. They could not wrap their silly head to the notion, it is possible to build a profitable business without nickel and diming the customers and without pissing them off.

    Good riddance Blockbuster, hope you rot in hell with all the late fees you chiseled from us.

    --
    sed -e 's/Chuck Norris/Rajnikant/g' joke > fact
  68. Forgetting some of our Blockbuster Hate? by Cajun+Hell · · Score: 1

    How can the topic of "Memories of Blockbuster" not be full of rants about their censorship? Well, "censorship" is maybe too harsh a word, but they rented out butchered versions of movies. If you were into horror (especially slasher/gore sub-genres) Blockbuster was unusable and you got ripped off, every time. (If you were already very familiar with the name Peter Jackson before those LotR movies, then you know what I'm talkin' about.)

    It wasn't even late fees that drove me to their competitors; it was something as simple and easy as integrity. And considering the kind of trash I'm into, it's a pretty fucking low bar, when someone like me says you don't have integrity.

    Fuck Blockbuster. I hope their owners die homeless and starving, their children sold into the sex slave trade.

    --
    "Believe me!" -- Donald Trump
    1. Re:Forgetting some of our Blockbuster Hate? by noldrin · · Score: 1

      I remember back in '95 being told about Blockbuster censorship and hearing about people worrying that would put the nifty independent video stores out of business. Luckily our local stores mostly survived Blockbuster, it was Netflix and On Demand that finally killed them off. There are a lot of interesting movies I saw back in the day from those stores that I can't get now through Netflix or On Demand, and sometimes I can't even purchase through Amazon.

  69. In Canada by Anonymous Coward · · Score: 0

    We have BestBuy and Blockbuster still around...

  70. Not all clothes fit the same! by Anonymous Coward · · Score: 0

    I tried out jeans the other day, size 30x30 and it fit perfectly. I had second thoughts on the color, but picked the same size, brand and style, but it was 1-1.5" longer. From what I heard about these "cheap" $60 jeans is that they stack them and cut to size. The top jeans on the stack will be cut correctly a since it's the template, but the bottom ones are a hit or miss, because fabric are not very cooperative when cutting in a large stack, simply because they bend/stretch.

    In short, I'd still need the fitting room. Just because it works at the store, what's at stock in the warehouse is not a guarantee.

  71. Polaroids have one great application by Beeftopia · · Score: 1

    They are fantastic cameras to keep in a car in case of an accident. Extremely durable. I'd seen them used in fleet vehicles for years. Kept in cars year-round, through the 100+ degree summers and sub-freezing winters. Mine always worked. I had one for years until Polaroid 600 film went away.

    Yeah, nowadays many folks have camera phones. But not all. And this is a cheap, durable, reliable way to have a camera in the car at all times.

  72. Toys-R-US by FilmedInNoir · · Score: 1

    It's a big toy store where everything is slightly more expensive then elsewhere.
    They have a baby section though, I think that gets all the business, but the rest of the place is usually dead.
    I wish they would expand into more adult stuff.
    Not sex toys (they couldn't possibly compete anyway) but high-end geek stuff like Anime figurines etc. The stuff you see at comic book stores.

    --
    Sig. Sig. Sputnik
  73. You're seeing them two years late by tepples · · Score: 1

    Actually, you're seeing them two years late. The movie first comes out in theaters. Then 52 weeks later it comes out on DVD. Then 4 weeks later, after the holiday, it hits Redbox and Netflix. Over the next 48 weeks it has already disappeared from Redbox, making it an $8 rental for the month if you aren't already a Netflix subscriber.

    1. Re:You're seeing them two years late by cayenne8 · · Score: 1

      Actually, you're seeing them two years late. The movie first comes out in theaters. Then 52 weeks later it comes out on DVD. Then 4 weeks later, after the holiday, it hits Redbox and Netflix. Over the next 48 weeks it has already disappeared from Redbox, making it an $8 rental for the month if you aren't already a Netflix subscriber.

      That may be right...but the movie is new to ME, so what difference does it make?

      I do Netflix, but not the streaming, I rent the Blurays.

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
  74. Not the last Blockbuster rental by Algae_94 · · Score: 1

    The corporate stores may all be closed, but there are some franchises that live on in Alaska and Texas. Zombie Blockbusters

  75. SAGE by tibman · · Score: 1

    > by Aerokii (1001189) Forget it, your UID is too high.
    > (1001189) your UID is too high.
    > 1001189
    mfw: http://alltheragefaces.com/face/fuck-that-bitch-yao-pff

    --
    http://soylentnews.org/~tibman
    1. Re:SAGE by Aerokii · · Score: 1

      Oh good, you caught the joke!

      ...I... think?

  76. does Netcraft confirm? by corbettw · · Score: 1

    An article about a service failing and no comments about whether Netcraft confirms it or not? Slashdot, you've changed.

    --
    God invented whiskey so the Irish would not rule the world.
  77. Vault tactics in general by tepples · · Score: 1

    Are you the same guy that brought up Hop like 5 times on the other Blockbuster thread?

    I bring up holiday movies because their release windows form an easily understood counterexample to the business model of Redbox and Netflix. It affects movies other than Hop; I bring up that particular example because I followed it most closely. I bring things up in several articles because different people read comments to different articles, and I feel a desire to inform them all, at least until I happen upon someone who solves a particular use case. For example, I brought up live sports in articles about switching from cable TV to Netflix or Amazon Prime or Hulu until someone recommended Buffalo Wild Wings as an alternative.

    Just buy the damn thing already.

    A relative did end up buying it, but that's beside the point. By making more movies holiday-themed, a studio can build urgency to see them in theaters before they disappear into the vault for a year.

  78. Re:More insight from the Slashdrones? by Anonymous Coward · · Score: 0

    But acting like you have some special insight into the merger of business and technology with no successes of your own does make you look like a bit of a liar and a blowhard. Just sayin'.

  79. I left Blockbuster a long time ago by Anonymous Coward · · Score: 0

    I had the habit of going to Blockbuster and renting miniseries and handfuls of kids movies that I could have at home for 7 days. Occasionally I would rent a new release along with those. The last time I rented from blockbuster, I returned about 7 movies, including the Shogun miniseries. 1 of those newer ones was 2 days late. Shit happens and I knew there was a fee.

    A week later I wander up to the counter with another pile of movies, junk food, soda etc. 40-50 bucks worth. 'you have a late fee' I was told. 'yep I was late with that new release'. 'No, you were late with all of the Shogun disks.' "No those are 7 day rentals and they were on time, I know the other new release was late I don't mind paying the fee for that" "Sir you have to pay late fees on all of it" We went back and forth a bit and I offered to walk him over to the shogun disks and show him they were 7 days. He told me 'it doesn't matter what it says on the shelf now, the computer says they were late" That was the end for me. I asked him if he was calling me a liar and if he thought the 40-50 bucks worth of stuff and regular customer was worth calling me a liar when I was willing to pay the fee on the new release. He shrugged. I left all the items at the counter and tore my card up and left it on top of the pile in front of him.

    The next day the store manager and then the regional manager called me at home to apoligize and offer me discounts etc. I told them it was too late for me and I wouldn't step foot in a blockbuster again.

  80. blockbuster, eh by Anonymous Coward · · Score: 0

    "Your age probably determines whether you think of Blockbuster Video as a fond memory..."
    No. Blockbuster had little depth in non-mainstream hollywood movies. They would never had carried Mr. Mike's Mondo Video,

    example: http://www.youtube.com/watch?v=7jZHZGcA_jA

    They had their own level of censorship, and not just no x-rated movies, but they would censor some R-rated movies (like Wallmart, they had Blockbuster versions with some scenes deleted).
    Also, their late fees...or, if you had a defective video, you had to return it in 24 hours of checking it out to get a refund. Think about that last bit; sometimes you don't find the tape was defective until an hour into it it freezes. Or some idiot taped over it. I was lucky to live in an urban area with some independent video rental stores.

  81. Re:Netflix didn't kill Blockbuster by ArbitraryName · · Score: 1

    Netflix nor Redbox has the movie selection Blockbuster did

    Netflix has a vastly superior mail order selection. With Blockbuster you were limited to what the individual stores you could get to could stock and shelve. Netflix is effectively unlimited as having a single copy of the movie anywhere in the country ensures you will get it eventually.

  82. A natural and predictable death by Anonymous Coward · · Score: 0

    I see no reason to wonder how Blockbuster could have escaped death. The company was built for a specific purpose, and that purpose disappeared.

    I liken it to a species that evolved to live in fresh water, but due to rising ocean levels is now finding itself living in salt water. Death is the most natural, understandable, and predictable response.

    I would have been much more surprised if Blockbuster had lived on. That's because successful companies usually have a mediocre executive team, particularly if it's the original team that grew the company from scratch. (This is due to "success delusion" -- they mistakenly believe that their success was due to intelligence rather than luck, which causes them to believe that they no longer have anything to learn from others.) This "tendency toward mediocrity" means that it's less likely that successful companies will have an executive team that can correctly juggle the multiple conflicting business models that are required to survive a fundamental paradigm shift in the market.

  83. Spoilers by tepples · · Score: 1

    but the movie is new to ME, so what difference does it make?

    The later you see a movie, the harder it is to avoid spoilers.

  84. Download cap by tepples · · Score: 1

    I wouldn't be surprised if games no longer came on disk by the next gen.

    Good luck pushing a 30 GB game over a satellite connection with a 10 GB/mo cap.

  85. Lie. by Cammi · · Score: 1

    Not the last remaining store. The franchise stores are still open .... This is not news.

  86. Um, you mean Circuit City? by ericwfrost · · Score: 0

    Don't you mean Circuit City? Best Buy is still going Strong!!

    --
    The Magazine for MapPoint - http://www.mp2kmag.com
  87. What's the big deal? by Jmac217 · · Score: 1

    It's better this way. Blockbuster is an old-fashioned corporation that doesn't give a fuck, and their demise proves that. Netflix is down to earth and knows its customer base. Blockbuster's failure was because they're business model was outdated.

  88. But instead... by Pnarp · · Score: 1

    ...they went out of business. I've been waiting for this for fifteen years! That's what you get for charging me that $1.50 late fee in 1998, suckers!!! Hahahaha!!! Where's your god now!?!?