Quote from risktaker:
Your math is flawed. What brought Blockbuster down was on-demand movies now available everywhere, fast internet movies, file sharing, & sites like hulu, etc. in addition to netflix.
So, a combination of the above was just too powerful a force that could not be overcome with their expensive brick & mortar locations.
It was not mispricing as you imply.
Agree. 2 words. Bit Torrent. Its so cheap I don't but many do.