21 Comments

  1. Woolworths, House of Frazer, RS McColl, Tower Records… there are a few. Blockbuster died because of it's business model. Late fees off the rental of many many copies. It was a business model just waiting to be improved. Netflix audience wasn't the same as Blockbuster. Blockbuster was for soccer mom's getting Hollywood for kids weekend. Netflix was for people who wanted to watch obscure cult classics off the thin tail. Netflix nearly put itself out of business by going from DVD to streaming. Their success came from data analytics and providing recommendations.

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