Last minute: 15 years ago, there were 9 thousand stores! Only 1 left



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One of the biggest retailers of the entertainment industry, the blockbuster of DVD movies and computer games is about to consume a lot.

Founded in 1985 and with the current influence of Netflix in the early 90s and early 2000s the last 2 stores were closed and there was only one shop left. In the meantime, 2 stores will open again in August for the sale of shares, then it will be history.

Blockbuster, which dominated the industry in 2004, operated 9,094 stores worldwide and nearly 84 employees, about half of the United States the same year.

Blockbuster was completely dissolved in 2013 after declaring bankruptcy in 2010. Only a few private franchises in the United States continued to operate.

  • These are the last two stores alive in Alaska. It's a shame to say goodbye to our loyal customers who have been part of our family for 28 years.

Alaska was one of those places because of the long winter, a slow and expensive wireless connection.

The famous British comedian John Oliver and the big producers did not succeed, even if HBO donated it, although Blockbuster could not have offered anything, if it is the development technology, Netflix broadcast, and occasional search for photographs and nostalgia. . Currently, a Blockbuster dealer in Oregon is still in business.

LATE AWARDS FROM NETFLIX

Ironically, the Blockbuster of today stole the door from Blockbuster at the time of Netflix, pioneer of online content that brings the end.

Netflix founder Reed Hastings was very fascinated when he went to Dallas to meet Blockbuster CEO John Antioco

Antioco and his team wanted to become Blockbuster's online brand.

Hastily even claims that Netflix can be returned for $ 50 million, but Blockbuster officials suggest that the company that posted the DVD at that time cited the very niche and narrow business model of # 39; mind.

At present, Netflix is ​​adapting the technology to its business model and getting rid of the DVD center, reaching a market value of $ 175 billion and nearly $ 12 billion a year. The total number of Netflix members has exceeded 130 million, while Blockbuster went bankrupt

Netflix announced last year a turnover of 3.91 billion dollars in the second quarter, up 40.7% compared to the same period last year. Netflix's net profit was $ 65.6 million in the second quarter of last year, up $ 384 million over the same period this year. The company's earnings per share increased from $ 0.15 to $ 1.50 over the same period.


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