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Netflix and Blockbuster

Once upon a time, when there was no Netflix, there was a Blockbuster Video.
In the 90s and early 2000s, one could walk into their huge physical movie video library and choose movie DVDs to watch at home. So big were they that they once had 9,094 stores across the globe.
While Blockbuster got people to
movies, Netflix reversed it by getting movies to the people by mailing DVDs to the homes of people
Then in 2010, Blockbuster FILED FOR BANKRUPTCY
While Netflix went to on to become an indispensable part of our life
 Charging high late fees, unable to adapt to the evolving market of movie watching at home, etc were one of the many mistakes Blockbuster made.
According to you, what else went wrong with Blockbuster?

Netflix and Blockbuster
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Netflix and Blockbuster

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