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BLOCKBUSTER – Brought to you by Fear

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Manage episode 481383886 series 3664412
Content provided by Taras Wayner. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Taras Wayner or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

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This episode of "A Case Study in Fear" examines how Blockbuster became a victim of its own market dominance. Host Taras Wayner investigates how the video rental giant went from revolutionizing home entertainment with 9,000 stores worldwide to filing for bankruptcy, all because of one powerful emotion: fear.

Discover how Blockbuster executives laughed Netflix's Reed Hastings out of the room when offered to buy the startup for $50 million, denied the digital streaming revolution, and desperately clung to their brick-and-mortar business model until it was too late. This episode reveals how fear transformed a $5 billion entertainment powerhouse into a cautionary tale with just one store remaining in Bend, Oregon.

From "Make it a Blockbuster Night" to missed opportunities, learn how fear can make smart leaders make catastrophically bad decisions.

  continue reading

5 episodes

Artwork
iconShare
 
Manage episode 481383886 series 3664412
Content provided by Taras Wayner. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Taras Wayner or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Send us a text

This episode of "A Case Study in Fear" examines how Blockbuster became a victim of its own market dominance. Host Taras Wayner investigates how the video rental giant went from revolutionizing home entertainment with 9,000 stores worldwide to filing for bankruptcy, all because of one powerful emotion: fear.

Discover how Blockbuster executives laughed Netflix's Reed Hastings out of the room when offered to buy the startup for $50 million, denied the digital streaming revolution, and desperately clung to their brick-and-mortar business model until it was too late. This episode reveals how fear transformed a $5 billion entertainment powerhouse into a cautionary tale with just one store remaining in Bend, Oregon.

From "Make it a Blockbuster Night" to missed opportunities, learn how fear can make smart leaders make catastrophically bad decisions.

  continue reading

5 episodes

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