NEW YORK (Reuters) - Video rental chain Blockbuster Inc. named on Monday James Keyes as its new chairman and chief executive to replace current CEO John Antioco.
Until I saw that item today, I had forgotten Blockbuster even existed. Between Netflix and the cable companies' VOD services, I don't know too many people who go to Blockbuster any more. Their two stores that were in my neighborhood both closed a few years ago. (I used to go to one of them, and I think I still owe about $4 in late fees. Sorry BB. That's probably why they're on their way to going out of business.)
But the Blockbuster saga shows how fast technology changes, when even a store that now rents only DVDs and video games still can't keep up with the times.
I'm guessing that the brick & mortar video stores will soon all go the way of those little one-hour photo developing places. There's a few hanging on, usually as booths inside a drug store, but with digital photography being the dominant force in the camera market today, do you know anyone who still gets film developed?
3 comments:
My father still uses film in his camera!!! lol
They tried to do the Netflix thing too but I don't understand that. If there is a store around where you live why would you use the mail system which takes a couple of days when you can pick a video up as soon as you want it in person.
The Blockbuster next to me closed a couple of years ago too but I still see their commercials sometimes on TV so I guess they're still around?
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