Film, Business, Hindsight
Blockbuster Video once reigned supreme in the home video market. A trip to Blockbuster was a regular weekend occurrence for millions of Americans, and from 1985 to 1997 there wasn't a competitor out there that could hope to stand up to Blockbuster LLC. Alas, Blockbuster saw a steady decline in the 2000s, eventually declaring bankruptcy in 2010. Then CEO James Keyes completely misunderstood where home video was headed, stating that "Neither RedBox nor Netflix are even on the radar screen in terms of competition. It's more Walmart and Apple." The closing of Blockbuster Video was the end of an era, and a great opportunity to grab some dirt cheap movies from the liquidation sales.