Blockbuster was founded in 1985 by David Cook. The company’s business model centered around offering a vast selection of movies & games for rent and snacks for purchase. With its distinctive blue and yellow signage, Blockbuster stores became a staple in neighborhoods across the United States.
Movie & game enthusiasts could spend hours perusing the shelves. The “new releases” section was always a hot spot where it was common for popular movies to be fully rented without any additional copies available. Blockbuster’s rental system operated on a membership card basis, with customers able to take home their chosen films for a specified period. Customers who forgot to return their rentals on time faced fees, a feature that, while frustrating for some, became an integral part of the Blockbuster legacy.
Despite its initial success, Blockbuster Video faced challenges with the advent of online streaming and digital rentals. Companies like Netflix introduced a new era of convenience, allowing users to enjoy movies from the comfort of their homes without the hassle of returning physical copies. Blockbuster attempted to adapt by launching its online rental service and eliminating late fees, but the changes came too late. By 2013, the last remaining Blockbuster Video stores closed their doors, marking the end of an era.