DO YOU REMEMBER BLOCKBUSTER? | Why did it close?

In this video we will talk about the Blockbuster case and the reason for its bankruptcy.
Once valued as a $ 3 billion company, Blockbuster grew to more than 5,000 video rental stores in the United States and more than 9,000 stores worldwide. But in 2010, after turning down the opportunity to buy Netflix, Blockbuster filed for bankruptcy with nearly a billion dollars in debt. So many questions arose here:
What happened? Who was the culprit? Was it just Netflix? Were there financial problems?
If you want to know the answer, don't miss this video.
#Blockbuster #Netflix #Business Failure