The Rise and Fall of Blockbuster: How an $8b empire vanished
At its peak, Blockbuster Video had over 9,000 stores worldwide, serving 65 million customers a year and making hundreds of millions in profit from late fees alone. So… what happened to Blockbuster? In this video, we’ll uncover the rise and fall of Blockbuster, how the company dominated the movie rental market, and the major mistakes that led to its bankruptcy. From David Cook’s first store in 1985, to Wayne Huizenga’s $8 billion empire, to the infamous moment when Blockbuster turned down Netflix for just $50 million, this is the full story of how technology, debt, and bad timing ended a household name. If you’ve ever wondered where Blockbuster is today — or how one of the most successful companies in history vanished overnight — this is the video for you.
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