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BUSN316 Wk 5.docx BUSN316 The Fall of Blockbuster Video American Military University

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BUSN316 Wk 5.docx BUSN316 The Fall of Blockbuster Video American Military University BUSN316: Fundamentals of Entrepreneurship The Fall of Blockbuster Video Some of the most popular companie... s collapse because they were unwilling to make a change. Companies get too comfortable in their typical ways of operating, and this leads to their destruction. Blockbuster Video Entertainment had grown to be the largest and most famous company in the entertainment industry. Its primary focus was providing its customers with home movies in the form of a Video Home System (VHS). It also offers games, and later on, it changed from providing movies in VHS to Digital Video Disc (DVD) (Davis & Higgins, 2013). It was the best company in the entertainment industry since its increased storefront from 130 to 1500. As Wayne Huizenga took over the company in 1987, a change was seen as the company grew in size, making it the. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]

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