Blockbuster was the king of the hill for many years, but it was ultimately unable to adapt to the changing landscape. Here is how Netflix embraced the digital age.

The Fall of a Giant

Blockbuster was the king of the hill for many years, but it was ultimately unable to adapt to the changing landscape. The company resisted the move to digital streaming, and it continued to focus on its brick-and-mortar stores. As a result, Netflix was able to gain market share and eventually surpass Blockbuster in popularity.

Blockbuster filed for bankruptcy in 2010, and the company closed its remaining stores in 2013.

What We Can Learn from Blockbuster's Fall

Blockbuster's fall is a cautionary tale for businesses and professionals who are slow to adapt to change. Just as companies must innovate, individuals must continuously upgrade their skill sets. Read our perspective on why your degree isn't enough anymore and how learning Fullstack Web Development can prepare you to build modern digital platforms.

The Future of Video Rental

The video rental industry is still evolving. There are now a number of different streaming services available, including Netflix, Hulu, and Amazon Prime Video. However, one thing is for sure: the days of going to a physical store to rent a movie are numbered. The future of video rental is digital.

At Instudia, we teach students how to build resilient digital systems and software. Explore our Fullstack Web Development Track, Python & AI Courses, and our article on building the Naga-Amazon. Feel free to explore all Instudia programs or contact us to learn more.