Sunday, May 4, 2014

Red Queens and Increasing Returns

When I watched the movie for module 4 it was obtain digitally through Netflix. I do believe the current competition between DVD and video-on-demand is an example of Red Queen. Renting movies from the Red Box or online is serving the same purpose for their customers. Renting movies online is much easier for the customer. Often time popular movies may be out of stock with video-on-demand the customer will always have access to movies. I do believe that with the development of various videos on demand vendors that Red Box will be obsolete. The only company that has tried the Red Box ideal is BlockBuster and I not sure if they're still in busy. I haven't seen many and the one that was at the local grocery store has been removed.