[OPLIN 4cast] OPLIN 4cast #364: What does the Blockbuster closing mean?

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OPLIN 4Cast

OPLIN 4cast #364: What does the Blockbuster closing mean?
December 11th, 2013

BlockbusterIt has been about a month since Dish Networks announced that 
they were closing the remaining 300 Blockbuster Video stores, starting a 
rash of articles proclaiming the death of the video rental business. 
Have you seen a drop in demand for videos in your library? Maybe not. 
There is some question as to just what the closing of Blockbuster really 
says about our culture and the shift from physical to digital media 
delivery in general. There may be food for thought here for libraries.

  * Blockbuster goes bye-bye: It's all kiosks & digital now
    <http://research.gigaom.com/2013/11/blockbuster-goes-bye-bye-its-all-kiosks-digital-now/>
    (GigaOM/Michael Wolf) "There will be lots of postmortems about
    Blockbuster and the death of physical media over the next few days,
    and they will be, for the most part, stating the obvious (and right)
    conclusion that the continual move towards digital distribution
    meant movie rental was a dying business, particularly the
    big-footprint brand of rental that Blockbuster had pioneered in the
    80s and still, by and large, used today. But in the end, I think
    kiosks like Red Box were just as deadly, if not more, to Blockbuster."
  * Blockbuster's demise; An elegy to video store culture
    <http://techcrunch.com/2013/11/06/blockbusters-demise-an-elegy-to-video-store-culture/>
    (TechCrunch/Chris Nesi) "With the advent of Redbox, a machine not
    much larger than an ATM performs a service that in my lifetime once
    took a building, a payroll, a management hierarchy, and two-dozen
    employees to deliver. Despite the distinct lack of "experience"
    involved in sauntering up to a machine and pressing a few buttons to
    make your selection and pay for it, the store model didn't stand a
    chance."
  * Blockbuster's death scene won't end the video rental store
    <http://www.businessweek.com/articles/2013-11-06/blockbusters-death-scene-wont-end-the-video-rental-store>
    (BloombergBusinessweek/Justin Bachman) "'The fact is that one
    retailer just doesn't an industry make,' says Mark Fisher, president
    and chief executive of the Entertainment Merchants Association, a
    home-video and gaming trade group. 'When Tower closed its doors, it
    certainly didn't signal the end of the music business.' Indeed, in
    the $18 billion home-video market, rental is hot. Spending for movie
    rentals is expected to top movie sales this year for the first time
    since 2001, according to research firm BTIG."
  * Blockbuster closes its last stores - is this the future for Barnes &
    Noble?
    <http://www.teleread.com/ebooks/blockbuster-closes-its-last-stores-is-this-the-future-for-barnes-noble/>
    (TeleRead/Chris Meadows) "I remember when you couldn't find anything
    in the discount movie bins except badly-dubbed Jackie Chan movies
    and other public-domain films for which people might just be willing
    to pay a buck or so more than they cost to crank out. But now you
    find classics and blockbusters just a couple of years old. I was in
    Best Buy the other day and found /Labyrinth/, /The Wild Bunch/, and
    /There Will Be Blood/ on Blu-ray for $8 each. And I didn't buy any
    of them because I knew it would be simpler to watch them online if I
    actually wanted to! I wonder to what extent we might be looking at
    the future of the physical book?"

*/Blockbuster fact:/*

Just ten years ago there were about 9,000 Blockbuster stores.
------------------------------------------------------------------------
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