Besides the epic failure of music labels’ inability to find a working business model in the digital age, there is one other contestant in particular vying for “worst performance in the digital arena ever” award: Blockbuster. When I was a kid (not too long ago), I remember going to Blockbuster sometimes as often as a couple of times every week. It was great. The competition with other locals Hollywood Video (now deceased) and Family Video (greatly...

As if we didn’t see this one coming… Blockbuster is filing for bankruptcy in Portugal. Why does that matter to us here? It doesn’t really. But it goes to show how a company stuck on old business models and resistant to embracing new technologies kills itself. If Blockbuster had moved to some form of Netflix solution or even to a more digital business model, perhaps their pockets (and stores) would be a tad more full, hmm? Once riding high on a 100...