6:36 am March 25, 2011, by Henry Unger
Business can’t stop the march of technology, no matter how hard it might try.
At Movies Worth Seeing, the video-rental institution in Atlanta’s Morningside neighborhood, the walls are growing increasingly bare, AJC reporter Arielle Kass writes.
After 25 years in business, owners Jerry and Anne Rubenstein have finally succumbed to the pressures of Netflix, rental kiosks and premium movie channels, Kass reports. They announced this week they would be liquidating more than 6,000 titles and closing their doors.
“People have so many ways to get movies and TV shows,” Jerry Rubenstein told Kass. “We have a lot of customers, but they don’t come in as often.”
What other businesses are facing similar pressures or fates — now or fairly soon? For starters, the newspaper industry has been greatly affected by advancing technology.
- Henry Unger, The Biz Beat
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