Was Netflix really the nail in the coffin that put Blockbuster out of business or was it something else? Blockbuster was hurting long before Netflix became a player. But it looks better to lose a war, than to lose from sheer incompetence. See how Netflix grew when Blockbuster was going under in this visually appealing infographic.
Netflix, the king of the DVD rental business, lost 2.76 million DVD subscribers in the fourth quarter of 2011 as more and more of their customers shifted to online streaming-only packages. Even with this, Netflix still has a solid foothold in the DVD movie marketplace. But in 2012, movies viewed online are expected to outnumber movies viewed on DVD as well as other physical formats for the first time in history.