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RawAlex · 09-24-2010

Toby, if it was only video stores and netflix, blockbuster would survive just fine. There is plenty of market there. However, the reality is that piracy killed the market down enough to where the 30% of the pie that blockbuster would get is no longer enough to sustain their business (1 billion in debt). Yes, Netflix took a lot of market share from them, but piracy shrank the size of the market.

09-24-2010	#3
RawAlex Members $100 for every ImLive sign-up Join Date: Oct 2002 Posts: 4,036	Re: Blockbuster files for bankruptcy Toby, if it was only video stores and netflix, blockbuster would survive just fine. There is plenty of market there. However, the reality is that piracy killed the market down enough to where the 30% of the pie that blockbuster would get is no longer enough to sustain their business (1 billion in debt). Yes, Netflix took a lot of market share from them, but piracy shrank the size of the market. __________________ Let's go to the edge of disaster Push the pedal and go a little faster Let's slam into a wall at ramming speed Let's go to the edge of a mountain Jump off and lets start countin' Hit the ground and tell me if it bleeds