"I think there's a point where as consumers, I mean, do you really need 100,000 titles? I mean, really?" says Paul Davis, CEO of Redbox parent company Coinstar.
Claiming your product will revolutionize the industry? Dissing your competitors? Comparing yourself to Steve Jobs? If you don't live up to your own hype, you might end up permanently scarring your business. Take it from Color's Bill Nguyen and Blockbuster's Jim Keyes.
On Friday, Dish Network and Blockbuster held an event called "A Stream Come True," where many assumed the two companies would finally reveal what they've been working on since the acquisition five months ago. How would Dish revive Blockbuster, a badly bruised brand, to compete in such a crowded and competitive space?
In the past few months, Dish Network and Blockbuster have kicked back, microwaved a bowl of popcorn, and watched as Netflix has assumed the role of evil movie villain.
Only days after reporting $363.9 million in quarterly revenue and $79 million in operating income, up 34% and 99% year-over-year, respectively, DVD kiosk company Redbox has released some more impressive figures.
Some of the world’s most iconic brands have woken up to extraordinary industry shifts that take them by surprise. Wouldn’t it be better to intuit what the future may resemble before market forces and innovations “suddenly” wreak havoc with your company? Here's how.