Reasons Why Blockbuster's Impending Closure Is Bad For Everyone

Entertainment and Media - Movies

By: schrimp82     09-Apr-2011

Introduction:

There are many people who have been calling the slow, painful demise of Blockbuster Video a good thing. I whole heartedly disagree. While I won't argue that a company that has been run as poorly as Blockbuster serves to go out of business, its fall only benefits its competition.

Full disclosure: I am close to some who works at Blockbuster. However, we also subscribe to Netflix and Hulu streaming services.

Reduced Competition

When Netflix was still starting out, it engaged in a price war with Blockbuster in the disc through mail program. This war ultimately led to lower prices on both services. Without one of the major players, Netflix, Redbox and others will not have the same incentive to keep their prices low.

Not All Rural Areas Have Reliable Internet Service Yet

I work with many people who live in rural areas. Many of them only have internet access through slow, expensive satellite providers. This makes it cost prohibitive and for some, technically impossible to use the on demand rental options of Netflix, Amazon and iTunes. They have Redbox kisoks but that limits the titles to only the newest releases and a handful of catalog titles. Blockbuster stores carry thousands of older movies and TV box sets that would otherwise be unavailable to them.

The Death of Physical Media

Despite what tech blogs want you to believe, they are still some people who like to have a physical copy of their movie. There are still some debates over who owns the rights to a movie that you purchased when you don't have a physical copy. Netflix does not want to mail you movies. The postage is eating away at their profits. They would much rather deliver movies through your high speed internet connection. Redbox it working on their own streaming solution. Physical media is dying. Blockbuster is one of the few companies that is still interested in physical media. For those of you who enjoy picking up gently used copies of movies at good prices, good luck. They are going to be scarce.

Thousands of Workers Out of a Job

This one should be pretty self explanatory. Unemployment in this country is already high. These employees are victims of working for poor upper management. Enough said.

Game Rentals

Like most movies, most games aren't any good (especially Wii games). Blockbuster charges roughly $10 to rent a game. That's a much more appealing price tag than $60. There aren't many other companies that offer game rentals. I don't know a single person who has used Gamefly and been satisfied with their service.




Final Thoughts

Blockbuster is/was a terribly run company that failed to give it's customers the value they wanted. However, it's demise will undoubtably be bad for the consumer. Anyone who believes otherwise is fooling themselves.


Give this list a high five!





Comments

  • Be the first to comment on this list!

Post A Comment

Post this comment to my Facebook Profile

Related Fives





schrimp82's Most Recent Five's






Need a Top Five List Idea?

select one here...

  • The Top Five Google Apps
  • The Top Five Reasons For Leaving a Job
  • The Top Five Quotes From the Movie Elf
  • The Top Five Ways to Earn Money as a College St ...
  • The Top Five Ways to Stop Smoking
  • The Top Five Places for Discount Furniture Onli ...
  • The Top Five PGA Golfers
  • The Top Five Designer Handbags
  • The Top Five Prom Dresses
  • The Top Five Outdoor Activities
  • The Top Five NFL Football Stadiums With A Dome
  • The Top Five Candy Bars With Peanut Butter
  • The Top Five Tips for Healthy Blood Pressure
  • The Top Five HDTV brands
  • The Top Five Bedroom Decorating Ideas
  • The Top Five Ideas for Anniversary Gifts
  • The Top Five Cities to Live in
  • The Top Five Planets in the Solar System
  • The Top Five Dessert Recipes
  • The Top Five Helpful Hints to Get Pregnant 
  • The Top Five Wedding Websites
  • The Top Five Pets you Should Own
  • The Top Five Tips for New Businesses
  • The Top Five Places for Kids Birthday Parties
  • The Top Five Hair Removal Options
  • The Top Five Healthiest Snacks
  • The Top Five Ways to Workout your Upper Body
  • The Top Five Ways to Avoid Unemployment
  • The Top Five Healthy Recipes
  • The Top Five Ways to Get a Grant
  • The Top Five Ways to Update your Home Without S ...
  • The Top Five Mistakes Parents Make With Kids
  • The Top Five iPhone Apps
  • The Top Five Diet Pills
  • The Top Five Funniest People
  • The Top Five Michael Jackson Songs
  • The Top Five Healthy Meals For Under 5 Dollars
  • The Top Five Tips for Planting a Garden
  • The Top Five Foods For an Upset Stomach 
  • The Top Five Websites for Music
  • The Top Five Websites for Discount Vacation Pac ...
  • The Top Five Funniest Movies For Kids
  • The Top Five Places to Buy Electronics
  • The Top Five Ways to Improve your Health
  • The Top Five 4th of July Party Ideas
  • The Top Five Schools for Business Management
  • The Top Five Funniest Jokes
  • The Top Five Budget Mistakes Most People Make
  • The Top Five Simple Smart Phones
  • The Top Five Ways to Build Muscle
  • The Top Five Rules for a Strong Relationship
  • The Top Five Spyware Removal Systems
  • The Top Five Most Influential Sports Figures
  • The Top Five Facts About the Sun
  • The Top Five Reasons to Vote During Elections
  • The Top Five Places to Get a Student Loan
  • The Top Five Teeth Whitening Tips
  • The Top Five Fast Food Restaurants
  • The Top Five Sources for Vitamin D
  • The Top Five Restaurants
  • The Top Five Greatest NBA Players of All Time
  • The Top Five Overseas Bed and Breakfast Stops
  • The Top Five Foods That Help you Lose Weight
  • The Top Five Things to do Before your 60 Years ...
  • The Top Five Ways to Turn Down a Job Offer
  • The Top Five Wedding Favors
  • The Top Five Photo Editing Websites
  • The Top Five Steps on How to Get a Date
  • The Top Five Soft Drinks
  • The Top Five Ways to Prevent Skin Cancer
  • The Top Five Tax Mistakes People Commonly Make
  • The Top Five Ways to Save Money
  • The Top Five Attractions in the USA
  • The Top Five Reasons you Should Play Fantasy Fo ...
  • The Top Five People you Would Want to Meet
  • The Top Five Funniest Movies Ever
  • The Top Five Signs that You are in Love
  • The Top Five Golfing Tips
  • The Top Five Car Maintenance Checklist
  • The Top Five Items you Never want to Lose
  • The Top Five Places to get French Fries
  • The Top Five Job Opportunities for People With ...
  • The Top Five Dog Breeds for Kids
  • The Top Five Video Games
  • The Top Five Skills Needed for a Career in IT
  • The Top Five Funniest Websites
  • The Top Five Carpet Cleaning Tips
  • The Top Five Steps to Internet Security
  • The Top Five Reasons to Invest in Running Shoes
  • The Top Five Book Series for Young Adults
  • The Top Five Tips for Newlyweds
  • The Top Five Hair Products Women Must Have
  • The Top Five Wedding Themes
  • The Top Five Places to get a Free Credit Report ...
  • The Top Five Ways to Stay in Shape
  • The Top Five Candle Scents for Winter 
  • The Top Five Books for the Kindle
  • The Top Five Reasons Smoking is Bad
  • The Top Five Places to Find Crazy Video Clips O ...
  • The Top Five Stresses of Home Ownership
  • The Top Five Chicken Recipes
  • The Top Five Places to See in the World
  • The Top Five States to Live In
  • The Top Five Card Games for Four Players
  • The Top Five Harry Potter Movies
  • The Top Five Cell Phones Under 50 Dollars
  • The Top Five Home Improvement Tips for Selling ...
  • The Top Five Ways to Improve your Resume
  • The Top Five Commercials
  • The Top Five New York Hotels
  • The Top Five Gaming Consoles
  • The Top Five Advice for New Moms
  • The Top Five Steps on How to Avoid Credit Card ...
  • The Top Five Most Hated Celebrities
  • The Top Five Computers for College Students
  • The Top Five Vitamins for Hair Growth
  • The Top Five Health Insurance Companies
  • The Top Five Online Flower Delivery Companies
  • The Top Five Foods to Avoid when Trying to Lose ...
  • The Top Five Causes of Road Rage
  • The Top Five Songs About Texas
  • The Top Five Car Seat Safety Tips
  • The Top Five Candle Scents for Summer Time
  • The Top Five Foods for Diabetics
  • The Top Five Country Singers of All Time
  • The Top Five Luxury Cars
  • The Top Five Bealtes Songs beatles songs Writte ...
  • The Top Five Things I've Learned from Brittany ...
  • The Top Five Books to Read This Year
  • The Top Five Smart Phones of the Year
  • The Top Five Nuts that go in Salad
  • The Top Five Movies of 2010
  • The Top Five Youtube Videos for 2010 
  • The Top Five Free Places for Veterans to Eat 
  • The Top Five Places to Retire
  • The Top Five Ways to Relieve Stress
  • The Top Five Cartoons for Toddlers
  • The Top Five Tips for New Parents
  • The Top Five Reason to Rent
  • The Top Five Ways to Keep your Lawn Green
  • The Top Five Things you Should Not do in an Int ...
  • The Top Five Steps to Home Security
  • The Top Five Things to do at Disneyland
  • The Top Five Educational Websites for Kids
  • The Top Five Sporting Events
  • The Top Five Movies of All Time
  • The Top Five Websites for Photographers
  • The Top Five Places to Mountain Bike
  • The Top Five Universities for MBA
  • The Top Five Ways to Keep Unwanted Pests Out of ...
  • The Top Five Tips for Staying Positive
  • The Top Five Creative Ways to Announce a Pregna ...
  • The Top Five Designer Shoe Brands for Women
  • The Top Five Five Music Genres
  • The Top Five Clothing Lines for Modest Clothes 
  • The Top Five Walt Disney Movies
  • The Top Five Most Influential Speeches
  • The Top Five Xbox 360 Games
  • The Top Five Traditional Thanksgiving Dishes
  • The Top Five Hair Products
  • The Top Five Places to Find a Job
  • The Top Five Most Trusted Cars
  • The Top Five Financial Mistakes People Make
  • The Top Five Ways to Earn Money Online
  • The Top Five Ways to Invest in Real Estate
  • The Top Five Makeup Tips for Teens
  • The Top Five Superheroes
  • The Top Five Ways to Get a Phone Number
  • The Top Five Home Air Purifiers
  • The Top Five Career Moves for Teachers
  • The Top Five Talk Shows on TV
  • The Top Five Shampoos
  • The Top Five Baby Bags for Moms
  • The Top Five Online Social Networks
  • The Top Five Online Gaming Sites
  • The Top Five Pasta Recipes
  • The Top Five Business Marketing Tips
  • The Top Five Steps on How to Make a Website
  • The Top Five Paint Colors for a Home
  • The Top Five Healthiest Choices for Breakfast 
  • The Top Five Tips on How to Make Money Online
  • The Top Five Xbox 360 Kinect Games for Exercise
  • The Top Five Creative Ways to Ask a Girl to Hom ...
  • The Top Five Quotes to Live by
  • The Top Five Songs About Love
  • The Top Five Places to Find Cheap Books
  • The Top Five California Landmarks
  • The Top Five Pasta Recipes for Kids
  • The Top Five Presidents of the United States
  • The Top Five Days During the Year
  • The Top Five Must See Events in Las Vegas
  • The Top Five Wedding Gowns
  • The Top Five Professions
  • The Top Five Websites for Kids
  • The Top Five Movies With a Twist
  • The Top Five TV Shows of All Time
  • The Top Five Unhealthy Foods for Dogs 
  • The Top Five Things to See in Dallas Texas
  • The Top Five Ways to Get a Loan
  • The Top Five Websites for Artists
  • The Top Five Ways to Cope With Stress
  • The Top Five Five Smart Phones
  • The Top Five Places to Live
  • The Top Five Steps on How to Save Money
  • The Top Five Nascar Drivers
  • The Top Five Jewelry Stores
  • The Top Five Items you Can’t Live Without
  • The Top Five Steps on How to Potty Train Your P ...
  • The Top Five Safest Cities in America
  • The Top Five Knock Knock Jokes
  • The Top Five Holidays
  • The Top Five Healthiest Fruits
  • The Top Five Vacation Spots
  • The Top Five Auto Insurance Companies
  • The Top Five Clues for Crossword Puzzles
  • The Top Five Ways to Keep Track of Spending
  • The Top Five Ways to Find Cheap Flights Online
  • The Top Five Board Games for Groups
  • The Top Five Inventions That Changed the World 
  • The Top Five Motivational Speakers