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In 1997, Netflix introduced a DVD-by-mail rental business, which paved the way for the company to eventually convert into one of the world’s leading streaming platforms with a massive collection of material and original programming. Netflix is credited with revolutionizing the way in which people consume media.
Blockbuster was one of the most influential companies in the video rental market when it was established in 1985. However, it was unable to adjust to the changing market conditions and the growth of streaming services, which ultimately led to its demise.
Netflix vs Blockbuster Comparison Table
| Specification | Netflix | Blockbuster |
|---|---|---|
| Convenience | Yes | No |
| Selection | Wide | Limited |
| Accessibility | Yes | No |
| Cost | Affordable | Pay per rental |
| Personalized Recommendations | Yes | No |
| Late Fees | No | Yes |
What is Netflix ?
Netflix: In 1997, Netflix introduced a DVD-by-mail rental business, which paved the way for the company to eventually convert into one of the world’s leading streaming platforms with a massive collection of material and original programming. Netflix is credited with revolutionizing the way in which people consume media.
Blockbuster was one of the most influential companies in the video rental market when it was established in 1985. However, it was unable to adjust to the changing market conditions and the growth of streaming services, which ultimately led to its demise. You can download this app from its official website
What is Blockbuster ?
From the mid-1980s to the early 2010s, Blockbuster was a well-known chain of video rental stores. Customers could rent movies and video games on VHS tapes, DVDs, and video game disks. At its height, Blockbuster had thousands of shops all over the world and was the best place to rent movies. Customers could look at the books on the shelves, choose the ones they wanted, and rent them for a certain amount of time.
Blockbuster became known for having a large number of movies and being able to find new movies that were popular. But as online streaming and rental services like Netflix grew in popularity, Blockbuster’s business plan was put to the test in a big way. The company had trouble keeping up with changes in the market and didn’t take advantage of the digital shift in the entertainment business.
Which is better ?
Netflix is seen as being superior to Blockbuster due to the fact that it is more convenient, has a larger collection, is easier to access, has more affordable subscription options, makes personalized suggestions, and does not charge late fees.
Netflix: The good and The bad
The Good
- No late fees
- Offers original content
The Bad
- Requires internet access to stream content
Blockbuster: The good and The bad
The Good
- Stores have many physical copies.
- Staff involvement and shelf browsing
The Bad
- Late fees for late returns.
FAQS
Blockbuster and Netflix are very different in a few important ways: Blockbuster was a store, so customers had to go to a shop to look through movies and rent them. Netflix is available online, so anyone with an internet link can watch it from anywhere.
In 2000, Blockbuster made the first mistake that led to its downfall: it didn’t buy Netflix. Blockbuster thought about spending $50 million to buy the popular Netflix service, but in the end, the company chose not to do so. Blockbuster went on to be more famous and make more money than Netflix.