In this increasingly digital age, the notion of actually getting up off the couch to go rent a movie is becoming an increasingly foreign concept. With Netflix, iTunes and all sorts of other modern conveniences, old brick and mortar dinosaurs, like former rental mogul Blockbuster, are slowly going extinct.
The franchise has been in trouble for a while, and signs of its impending bankruptcy has been looming for months. With Netflix set to expand its service North of the border to Canada, Blockbuster entered Chapter 11 in order to give itself a little more time to remodel in order to better meet the demands of the current market. It may be too little too late for Blockbuster, and with its potential demise passes one more sign of a bygone age.
Thinking about Blockbuster going bankrupt and the increasing frequency at which I download my games directly has me remembering the gaming days of my youth where a trip to the local Blockbuster occurred about once every week to see if there was a new game for rent. On my allowance, I couldn’t afford a new title constantly, so renting one for a short period of time seemed like a good trade off. So, I have a question for you guys: do you still rent video games from a store, or do you get your rentals via GameFly or a similar service? When was the last time you actually rented anything, be it a game or a movie, from a store?
Source – Bloomberg