Netflix DID NOT kill Blockbuster
Aug 01, 2019
Netflix DID NOT kill Blockbuster.
Netflix is not the only reason Blockbuster folded. Blockbuster died a death of 1000 cuts:the transition to digital, streaming services, convenience, late fees, membership, platform, and original content.
AND No one entity (eg Zillow) will kill the big firms in Real Estate or individual agents. Instead, the threat will be a percentage lost to iBuyers, a few more to a digital lead gen system, a few more to a investor platform, etc, etc, etc.
If you are in Real Estate, pay careful attention to the disruption of your industry.
If you are in another industry, watch real estate to see a case study in disruption in REAL TIME.