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Blockbuster Video

Blockbuster Video: “a Living History Museum.” What Else is Outdated?

May 14th, 2008 by Avram Piltch


This morning, while perusing Gizmodo I came upon this video from the Onion, embedded above. The video entitled “Historic ‘Blockbuster’ Store Offers Glimpse Of How Movies Were Rented In the Past” is funny because it’s so poignant. With online rentals that come in the mail from Netflix (and even Blockbuster itself) and with downloadable rentals from services like iTunes and Vongo, who on earth wants to rent videos off a shelf? It’s hard to imagine this antiquated business model continuing for long, and yet Blockbuster appears to be doing well enough to purchase Circuit City. Within a few years, though, retail video rental will go the way of the Fotomat, and no one will miss it.

This got me wondering: What other business models are about to be displaced by technology?

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