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Blockbuster: How the Movie Industry has Evolved
Good news: Avengers: Infinity War is set to have its 4K Blu-ray and DVD release on August 14. Now, fans will be able to relive the movie experience while watching it in the comfort of their homes. But is this actually news? For years, we have had follow-up DVD releases of blockbuster movies, but as society becomes more modern, the excitement and desire to own a DVD has largely shrunk. Online streaming services, such as Netflix, Hulu, and Amazon Prime Video, have now become the rage due to their wide selection, affordability, and access. These online streaming companies have seized huge chunks of market share, leaving little to no representation of DVD companies, namely Blockbuster. In 1992, Blockbuster, with its 2800 worldwide stores, was the leader in rental videos, promoting the consumer enthusiasm of watching content which would only become a very profitable business in years to come. Their reign continued for many years until an ambitious startup called Netflix entered the...