Top of Mind Thursday November 7, 2013: Blockbuster Cuts to Black

Top of Mind Thursday
Hold the popcorn. Forget the soda. Blockbuster, the last of the old-style video rental chains is history.

Leverage2Market LogoYesterday, DISH Network, which purchased the chain in 2011, announced it was closing down the last 300 Blockbuster stores, because “consumer demand is clearly moving to digital distribution of video entertainment.”

Hmm. The biggest surprise here may be that there were still 300 Blockbuster stores standing in the age of OnDemand, Netflix and Amazon Prime.

There was a time when for many people Blockbuster WAS the video entertainment industry. But as technology advanced, the chain was not able  or willing to change with the times.

Netflix itself nearly stumbled a few years ago–dividing itself into CD-based and online streaming divisions–before it realized the business was delivering entertainment, in whatever distribution method customers demanded.

What kind of outdated assumptions are you working with in your business? What artifacts of a prior era are you still holding on to? Take a hard look–before the final credits begin to roll.

To subscribe, please click here.

Let us help your business rise to the top.
(650) 281-4854

This entry was posted in Top of Mind Thursday Memo and tagged , , , , , , , . Bookmark the permalink.

Comments are closed.

  • Read Our Blog

  • What’s New

    Podcast: Linda Popky joins the Seattle Shrimp Tank podcast as a guest host. - Listen

    Press Release: "Linda Popky Joins Shrimp Tank Seattle Podcast" - Award-winning marketer bring strategic marketing perspective to popular podcast. – Read release.

    SAC® Press Release: "Hiring Talent in Uncertain Times Requires Innovative Thinking" Linda observes that successful organizations build a strong culture that embodies their organizational values. – Read release.

    Video: Just a Moment for Marketing: One-minute marketing tip videos. – View over 100 videos.

    eBOOK: Top of Mind: 101 Insights to Transform Your Business
    Purchase PDF or ePub book.
    Top of Mind

  • Read Our Blog

  • Subscribe to the Top of Mind Thursday Newsletter

    Free articles download with sign up
  • Marketing Above the Noise

    Introducing Dynamic Market Leverage™, an approach to help cut through the clutter, stand out, and effectively build business.

    Marketing Above The Noise

    What's Inside Available in Hardcover and eBook formats