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The Biz Doc, Tom Ellsworth dives into case study #7 How Blockbuster Flopped. This week you will hear a lesson on how a Blockbuster literally, missed out on adapting to the digital era and how eventually Netflix took over and now dominates the digital video space. How did this happen to a dominant company? Find out in this weeks case study.
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About Tom Ellsworth: THOMAS N. ELLSWORTH, is an experienced CEO / COO and entrepreneur. He has been disrupting industries and driving consumer shifts through Venture-backed companies in technology, software, publishing and mobile that have generated exits totaling over $1B. Watch the interview with Patrick Bet-David: https://www.youtube.com/watch?v=nFStiXqG894&t=732s
Connect with Tom: https://www.linkedin.com/in/thomasellsworth
About Blockbuster: Blockbuster LLC, known as Blockbuster, was an American-based provider of home movie and video game rental services through video rental shops, DVD-by-mail, streaming, video on demand, and cinema theater.
About Netflix: Netflix Inc. is an American multinational entertainment company founded on August 29, 1997, in Scotts Valley, California, by Reed Hastings and Marc Randolph. It specializes in and provides streaming media and video on demand online and DVD by mail.
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