Netflix was once one of the highest-flying internet media companies around. That all changed in 2012 when its CEO, Reed Hastings, decided that the days of requesting DVDs by mail were numbered. The future of his business was streaming. To push consumers into the future, Hastings had to break ‘DVDs by mail’ and ‘streaming’ into...Read More
Once-dominant video rental chain Blockbuster is trying its hardest to prove that it can compete in the 21st century. It is closing down stores, and has been bulking up its on-demand offering. But it looks like it may be too little, too late. Last Thursday, the New York Stock Exchange announced that the company would...Read More