Quote:
Originally Posted by After Shock Media
Technology has nadda to do with it. Even netflix admits that if blockbuster was not burdened with its debt when they turned their radar onto netflix - odds are netflix would of just been a blip and have been defeated in no time.
Blockbuster was just fucked by debt - nothing more and sure in the hell not because of embracing technology.
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aGREED.
Same as Sirius, and many other companies who fail. They simply take on more debt, and smoke a pipe dream on revenue projections. It has happened time and time again.