9 WORST Company Failures!

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  • Опубліковано 1 січ 2025

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  • @HuggieBear39
    @HuggieBear39 6 років тому +145

    I was a cashier back in the day and almost *EVERYONE* had a Blockbuster membership card in their wallet.

    • @jpowell180
      @jpowell180 6 років тому +3

      Agreed, but I also liked Movie Gallery and Hollywood Video - nothing like a little variety.

    • @TheCycledude37
      @TheCycledude37 6 років тому +9

      But now everyone has a Netflix subscription instead, which blockbuster turned down the opportunity to buy.

    • @JHNielson4851
      @JHNielson4851 6 років тому +4

      I think I still have my card somewhere.

    • @creativelychandra
      @creativelychandra 6 років тому +3

      My mom still has it on her keychain for some reason. lol Nostalgia.

    • @misatzu
      @misatzu 6 років тому +2

      @@creativelychandra that's lovely

  • @CaptHollister
    @CaptHollister 6 років тому +144

    Sears is one of the dumbest failures of all time. They already had a thriving mail order system based on a paper catalogue, the evolution to an online catalog and ordering system should have been straightforward.

    • @swinde
      @swinde 6 років тому +5

      Unfortunately they had stopped their catalog sales years earlier. I think it was in the early 1980s.

    • @chenlee9835
      @chenlee9835 6 років тому +2

      Saddest part of Sears is that it held out longer than Toys R Us.

    • @bigtakeshi
      @bigtakeshi 6 років тому +2

      Sears still exists. I think it's automotive aspect is one thing keeping it afloat. It's definitely taken a huge blow though.

    • @larryjohnny
      @larryjohnny 6 років тому

      They didn't sell computers in the store and that really bugged Tim Conway Jr. He thought they miss the bus on that one... And Radio Shaq picked Tandy to be their computer.. Bad choice!

    • @hommie789
      @hommie789 6 років тому

      @bigtakeshi Sears still exists in the USA but in Canada they had to close all stores and sell off all assets so the American stores will be going the same way shortly. To many large business can't evolve and end up dying

  • @buntysonawane5750
    @buntysonawane5750 6 років тому +122

    My first:
    Camera - Kodak
    Mobile - Nokia
    Walkman - Sony
    Email - Yahoo
    Nostalgia. Thank you for those memories.

    • @RobertK1993
      @RobertK1993 6 років тому +1

      Bunty Sonawane Sony Walkman Disman Playstation Triniton Bravia Xperia Vaio Cybershot Handycam and more to come

    • @SmoothbassmanStudios
      @SmoothbassmanStudios 6 років тому

      What's sad is I never had an iPod. I had the Sony Walkman digital media player. It sounded so good because of the high quality DAC but was a pain to load music on because of the lack of software. It eventually got left in the drawer when I got an iPhone 3GS.

    • @playfun8427
      @playfun8427 6 років тому +2

      I still use my yahoo mail and Nokia phone

    • @trevvrun
      @trevvrun 6 років тому +3

      Sony is the only company that makes Walkmans.

    • @marving.5436
      @marving.5436 5 років тому

      I ditched yahoo mail because it blocks all ways for you to utilize POP3, they did not provid POP3 protocol and the only tool that makes it enable POP3 they blocked it.. so yey GMAIL, now it is all inclusive with GDrive and other free features

  • @Javier23gol
    @Javier23gol 6 років тому +38

    Nokia from toilet paper to phones. Wtf

  • @erikk77
    @erikk77 6 років тому +82

    You forgot Radio Shack. They failed as they didn't go online.

    • @fixitmann6685
      @fixitmann6685 6 років тому +2

      Well, their big failure was that they were still titled "Radio Shack" when most people just don't care about radio anymore. When they sold computers they failed. They turned into just another cel phone store at one point, and that didn't save them. Hobbyists still went there for components (transistors, wire, batteries) until they basically stopped selling them and you were forced to buy online to other sellers, and wait for shipping, rather than go down the block and pick up what you wanted that day.

    • @selfdo
      @selfdo 6 років тому +2

      Hobbyists is very much a small, niche market. The old days of the ham radios and electronics projects on a breadboard are long gone. Most of the public hasn't the discipline to actually learn a goddamned thing anyway, too busy playing video games! That and between WalMart and Amazon, why goes to a small specialty electronics store? As for the few radio hobbyists, the Internet has brought online specialty retailers, whom mostly sell through Amazon or EBay anyway.

    • @workingshlub8861
      @workingshlub8861 6 років тому

      @@selfdo agreed..nobody repairs things anymore or solders circuit boards or needs a certain diode or resistor etc...been times i wish the one near me was still around.

    • @garyb8186
      @garyb8186 6 років тому +1

      I just bought AM-FM Headphones from Radio Shack in November 2018 online. Love Radio Shack, You can still buy from Radio Shack online.

    • @kathyyoung1774
      @kathyyoung1774 6 років тому +1

      working shlub Actually a lot of us would if we could still go to Radio Shack and get parts. I helped my daughters build their own first cameras and radios with parts I bought them are Radio Shack. Can’t do that for the grandchildren

  • @Mr2pint
    @Mr2pint 6 років тому +205

    Watch out for Facebook in a few years..

    • @Mel-nc1qq
      @Mel-nc1qq 6 років тому +10

      If FB has not spent all those money to buy their way out, they would have gone...

    • @Murmire
      @Murmire 6 років тому +8

      estevez66 They were getting stronger, now they're slowly falling down the ladder

    • @mervinva
      @mervinva 6 років тому +8

      FB is having instagram and whatsapp

    • @xdarrenx
      @xdarrenx 6 років тому +13

      This is a reflection of our evolution. New generations wil create something new, if it's better or it's worse is not relevant, simply by being "new" it will stick and push out the old. Our brains just want something *different* .

    • @sachin1825
      @sachin1825 6 років тому +16

      People still use fb?

  • @FaceMagee
    @FaceMagee 6 років тому +16

    How did Nokia release the first mobile handheld telephone in 1987 when Motorola had already released the DynaTAC back in 1984?

    • @corderajones
      @corderajones 6 років тому +6

      FaceMagee he said consumer smartphone. The DynaTAC was manly for business and commercial use and was very expensive

  • @CallieMasters5000
    @CallieMasters5000 6 років тому +120

    Please correct #8:
    Pan Am flight 103 was a flight from London to New York (with connections from Frankfurt & onto Detroit) that was blown up in Dec. 1988.
    The Gulf War began when Iraq invaded Kuwait in August 1990 and the US-led ground offensive started in February 1991 after a month of bombing by air.
    So, the Pan Am bombing did not happen during the Gulf War, though it did go bankrupt at that time. Other American airlines like TWA also had international terrorism incidents, but Pan Am was in bad financial shape.
    Also, FYI, in the end Pan Am tried to stay solvent by selling off its few assets, its routes and landing rights, which obviously didn't work as that was the most important part of the airline.

    • @m-axblender2485
      @m-axblender2485 6 років тому +2

      I was about to write the same thing !

    • @azfarsyukri612
      @azfarsyukri612 6 років тому

      They had waaay too many 747s to begin with..and most of them are -100s instead of the more capable -200. They also overpaid for National.

    • @thunberbolttwo3953
      @thunberbolttwo3953 6 років тому

      Agreed the Pan am bombing happened in the 80s.when Reagan was president.I forget which term.

    • @seabassmcgee3367
      @seabassmcgee3367 6 років тому

      Callie Masters pan am flight 103 was a flight that began in Frankfurt then was due for stops in London and New York before finishing in Detroit

    • @seabassmcgee3367
      @seabassmcgee3367 6 років тому

      Callie Masters so Frankfurt to Detroit would be correct

  • @grumpyguy2877
    @grumpyguy2877 6 років тому +79

    Sony Walkman came out in Early 80s not 90s

    • @katakisLives
      @katakisLives 6 років тому +4

      thats true but the sony walkman was still running the show for a lot of the 90's

    • @privatejoker9090
      @privatejoker9090 6 років тому +11

      The Walkman was released in 1979, dumb ass. If you're going to correct someone at least get the date right.

    • @Friggle_Dee
      @Friggle_Dee 6 років тому +1

      katakisLives
      Not really. Once the Discman and Discman Sport came out it became obsolete.

    • @katakisLives
      @katakisLives 6 років тому +5

      A lot of people I knew still used the Walkman because you could chose what songs you had one the tape and the trouble with early Sony Discman's was that they would skip a lot! it was a while before they got the three second job protection, the portable CD players with jog protection tended to be more costly and the cassette players were more reliable and they had better battery life.

    • @RobertK1993
      @RobertK1993 6 років тому

      79-2001 when crapple and I sheep robbed them.

  • @kubush
    @kubush 6 років тому +18

    Blockbuster went bust. How poetic.

    • @KJ110813
      @KJ110813 6 років тому

      Makes me happy. I remember on one of my phones the Blockbuster app being part of bloatware that plagued the system. That's one thing that can totally kill any respect or care I may have for a company or program.

  • @aaronmarkham4424
    @aaronmarkham4424 6 років тому +215

    Nokia will be around forever since the phones can’t be destroyed

    • @piski5341
      @piski5341 6 років тому +2

      Agree

    • @RebelJew777
      @RebelJew777 6 років тому +6

      True, back in the day my Nokia and I'm sure you know which one we all had it. But anyway I was pouring a driveway and it slipped out my shirt pocket. Didn't realize until after the driveway was done poured and nice and smooth. Had my friend call my phone, we followed it right to the driveway. Which had begun to harden. One week later it still rang when called. As the battery died you could hear a little beep. I wonder if it's still there. Would love to ask that home owner if I could get it out the driveway if I laid a new driveway. I'm sure it would still work. As for modern day ones I doubt it.

    • @Red_Lanterns_Rage
      @Red_Lanterns_Rage 6 років тому

      they can be destroyed, you just aren't trying......
      however that said yeah under normal circumstances Nokia can usually take damage other phones can't...but I still prefer the other phones...[Android OS] LG, Sony or Nexus are my choices, I will not even consider Samsung and I don't do Iphone either....

    • @Rustbelt76
      @Rustbelt76 6 років тому +6

      They don't need phones. They own Alcatel Lucent now who makes a large share of cell tower equipment. Nokia Airscale BBU's are being installed by all the carriers at cell sites right now

    • @BrawndoQC
      @BrawndoQC 6 років тому +3

      Well, Microsoft kinda destroyed Nokia.

  • @johnytamale8814
    @johnytamale8814 6 років тому +32

    Were is Myspace on the list??🤔🤔🤷‍♂️🤷‍♂️

    • @The-Cat
      @The-Cat 6 років тому +3

      lol omg MySpace wooow memories !

    • @MyRegardsToTheDodo
      @MyRegardsToTheDodo 6 років тому +1

      To quote Doctor Who: "My Gran used to put things on Tumblr." (Kill the Moon)
      Social media adapts so fast that even the next big thing might just last for a year or two. Myspace went the way of the dodo, let's see how long it takes facebook to go the same path.

    • @juanparty
      @juanparty 6 років тому

      And the Hi 5?

    • @N.D.1984
      @N.D.1984 6 років тому

      I'm crying :(
      Anyway, the founder has sold for 4 milion dollars before the ship sank. Not so stupid.

  • @equalitee6587
    @equalitee6587 6 років тому +89

    basically most company failed due to not adopting to change

    • @imperfectxennial3008
      @imperfectxennial3008 6 років тому +2

      That about sums it up. I wonder what that percentage of that is.

    • @georgetpeppel2900
      @georgetpeppel2900 6 років тому +5

      Or adapting.

    • @younesrabhi5731
      @younesrabhi5731 6 років тому +1

      they don't want to invest .

    • @mooglemy3813
      @mooglemy3813 6 років тому +1

      Yeah and it's always the senior management that does it. FOG's that get big bucks and don't produce a damn thing. Then they get paid off and the folks that did the work get both parts on nothing.

    • @Artemis1291
      @Artemis1291 6 років тому

      *Adapting

  • @Catpain_Tailspin
    @Catpain_Tailspin 6 років тому +278

    “Easy to use interface such as iTunes”??!? Are you for real?

    • @hazimreitz
      @hazimreitz 6 років тому +4

      davewave1982 it used to be easy atleast for me, the newer itunes are much fiddly and I'm always lost on where my music was folder wise

    • @urIIez
      @urIIez 6 років тому +13

      Yess iTunes used to be a gift from god.

    • @thomasshipley4516
      @thomasshipley4516 6 років тому +3

      davewave1982 remember the first few years when so many bands refused to put their music on iTunes... so you sometimes needed two devices (like a Walkman) one for music you like, one for music iTunes would let you buy.

    • @joedigger9919
      @joedigger9919 6 років тому +12

      Thomas Shipley Only if you were an idiot that didnt know how to borrow and rip cds or use napster, limewire, etc.

    • @thomasshipley4516
      @thomasshipley4516 6 років тому +12

      Joe Digger yeah I was one of those idiots who did not steal the music from Napster or lime wire but paid for all his content.

  • @ahmednoushad3374
    @ahmednoushad3374 6 років тому +9

    I still miss cassettes and walkmans...
    No thrill to listening musics these days

  • @rafsal143
    @rafsal143 6 років тому

    Great video!!! Keep it going!

  • @cadillacdeville5828
    @cadillacdeville5828 7 років тому +179

    I remember "Borders"...I use to love that store.

    • @tarcal87
      @tarcal87 6 років тому +4

      I loved almost all companies mentioned in the video, so did many people

    • @katakisLives
      @katakisLives 6 років тому +3

      went there for the cd's and the game magazines

    • @herranton
      @herranton 6 років тому +5

      Boarders always kept it's stores neat and organized. It seems like Barnes and Noble stores are always trashed unless you are in a store that is in a really affluent area.
      But hey, at this point, Barnes and Noble is basically a neighborhood bookstore so we might as well support them.

    • @Friggle_Dee
      @Friggle_Dee 6 років тому +2

      Place was craaaazy expensive. Everything was overpriced.

    • @herranton
      @herranton 6 років тому +4

      Friggle Dee It really was overpriced on everything except actual books. I still liked it. It just had a good atmosphere.

  • @alexkije
    @alexkije 6 років тому

    REALLY GREAT DOCUMENTARY. The voice compression on the narrator is just right! CHEERS!

  • @jmowreader9555
    @jmowreader9555 6 років тому +11

    Another fool who doesn't understand Kodak.
    During the film era, Kodak, Fuji and Agfa (the three big makers of color film) had a gentleman's agreement with the camera companies: the film companies won't make SLRs and the camera companies won't make film. When digital came onto the scene, Kodak knew they could make point & shoots without violating their pledge, and introduced the extremely successful Easy Share line. When the camera-toting world moved to digital SLRs, Kodak was left behind.
    Now, this is why Kodak went bankrupt: Eastman Kodak was actually a chemical company. One of their product lines was photography supplies...but they made most of their money selling things like acetate fibers, polyesters, fine and specialty chemicals, explosives, and gelatin. They were also the third-biggest vendor in the high-volume copying business.
    Kodak got rid of all that and tried chasing the buck in the commercial print market. Since they didn't want to invent their own plates and own machines, they bought their way into the market...by purchasing the least popular plate company and the least popular prepress equipment manufacturer. The only thing that was really wrong with Polychrome (the plate company they got) was price; I've used a LOT of Polychrome plates and never had reason to complain. Of course, right after they bought Polychrome they raised the prices. Their equipment vendor was a different story: CreoScitex's platesetter was called the Lotem, which was a piece of shit. It broke down ALL the time and sometimes for no reason.
    So...when you get rid of all your profitable businesses and replace them with products no one wants to buy, you go broke.

  • @IndigoJo
    @IndigoJo 6 років тому +1

    I remember when Borders was big in the UK. They were one of the first shops to have cafes inside and you could go into the cafe and read the books, which perhaps is what made the books less desirable to buyers. They also took over Books Etc which was a major British bookshop chain. I remember when Borders opened up in Kingston not long after I moved here; I used to spend hours in there, with or without a coffee. I can still remember being in there like it was yesterday. Their magazine stalls were great as well. You could get pretty much anything that was on sale and that included American titles that were difficult to get elsewhere, particularly Smith's (the major British newsagent chain). The Kingston one is now a Next clothing store (though the Starbucks remained, for a while, and then they lost the concession to Costa).
    The major cause of them going under in the UK was actually the Woolworth's bankruptcy -- they were reliant on Woolworth's for a lot of their supplies (especially records) and when they went under, Borders couldn't get stock anymore. Also, in some areas print books *really* went out of fashion, computer books being a major one. Look in the computer section of any big bookshop (e.g. Foyle's in London) and see how it's shrunk from the early 2000s -- it used to take up a whole, big room then, now it's just a few racks.

  • @POKEGAMERZ-uy5lv
    @POKEGAMERZ-uy5lv 5 років тому +4

    RIP Blockbuster. I still remember my old Blockbuster store which is now a Ford dealership.

    • @beernpizzalover9035
      @beernpizzalover9035 5 років тому +1

      I believe there is still one left - in Bend, Oregon. :)

  • @THR33STEP
    @THR33STEP 6 років тому

    Well done! Good video!!

  • @giftsonnabayano1973
    @giftsonnabayano1973 6 років тому +53

    Walkman isnt a failure
    By the way thanks for the likes dude

    • @Wisconsin222
      @Wisconsin222 6 років тому +8

      Outdated yes but not a failure

    • @omiteru
      @omiteru 6 років тому +4

      It was cassette tapes that is outdate on the Walkman brand. That brand is basically now a digital media play just like the iPod.

    • @jeffw1267
      @jeffw1267 6 років тому +4

      +PLAYER APAKEK The cassette Walkman must have been amazing, because I paid $75 for one when I was a teenager. It was built like a tank and I had it for nine years, until I bought a CD Walkman. That cost $250 in 1989. And I used it for ten years until I gave it away. Much of the black paint was worn off but it still worked perfectly.

    • @RobertK1993
      @RobertK1993 6 років тому

      Wisconsin222 Walkman has iPod like models not digital mp3 players of higher than iPod.

    • @picketf
      @picketf 6 років тому

      Robert Kelly There where Sony Ericsson phones with the Walkman Logo printed on them. The idea was that this phone would allow you to easily listen to MP3 files on the go much like you would use a cassette player, in high fidelity. At that time (mid 2000's) Those would be one of the longest lasting MP3 players due to the mobile phone battery - only rivaled by Creative's Zen Nano players who also had a good output range.

  • @My2Cents1
    @My2Cents1 6 років тому +2

    About Sony:
    One reason wasn’t mentioned. Sony fell behind also because they were heavily opposed to the idea of downloadable music. The company was already entrenched in several piracy battles at that time. Can't really blame them. It must have seemed obvious NOT to develop brand name mp3 players because that would only encourage and normalize the very download craze they were tying to eradicate. Lacking foresight, Sony's failed to realize they could cash in on the craze, simply by offering a legal alternative to music download. Apple did, because they realized that downloads is the way of the future, and people aren't gonna stop, ever.

  • @TheOmniscientAtheist
    @TheOmniscientAtheist 6 років тому +3

    I had a Sony Walkman tape player in the early 2000's and blasted Linkin Park and Cranberries all day from it.
    I also used to love going to Blockbuster and renting tacky horror films.
    My older brother also had one of those Nokias with snakes on.
    I'm only in my early 20's and feel so old watching these videos.

  • @gabrieltianero6925
    @gabrieltianero6925 6 років тому

    The reason why I watched this kind of videos...informative and satisfying. Thanks

  • @skylerb2218
    @skylerb2218 6 років тому +4

    The lesson here is that if you don't adapt to changes in technology you'll fail. You'll have to change with the market to stay relevant.
    Its actually amazing how much Yahoo failed imagine the power they would have of they bought Google.

  • @Jenuin
    @Jenuin 6 років тому

    Very informative. I like how you also showed missed opportunities that would had made the companies unstoppable.

  • @anonykip
    @anonykip 6 років тому +56

    Jesus turn down the music, could barely hear what's being said.

    • @TribeMan.
      @TribeMan. 6 років тому

      🤣🤣🤣💥💀!!

    • @itamararce7347
      @itamararce7347 6 років тому +1

      I didn't even notice the music til I read your comment

    • @dudley7540
      @dudley7540 5 років тому

      You didn't miss much.

    • @bindardundat454
      @bindardundat454 5 років тому

      Are you praying or do you really think Jesus made this video?

    • @ejv1963
      @ejv1963 5 років тому

      @@bindardundat454
      Ha..haa...

  • @daveayerstdavies
    @daveayerstdavies 6 років тому +5

    Kodak didn't so much 'come back' from bankruptcy as have the brand sold off to be slapped on generic products the current CEO is little more than a brand manager. The mistake regarding digital was as a result of a change of CEO from the visionary George Fisher who had diversified the company and pioneered digital photography to Daniel Carp. This turned out to be a terrible choice. Carp was a career Kodak employee with a background in administration. He saw the money poured into new ventures and summarily cut R&D spending. He was convinced that Kodak was all about little yellow boxes and would be into the foreseeable future. He sold off all the new ventures and for a while the sell-offs kept the company afloat but the end was never in doubt. I used to work in Kodak R&D so I have first hand knowledge.

  • @qdllc
    @qdllc 6 років тому +22

    Sharper Image was a catalogue of overpriced toys. Anything they sold could be found elsewhere for substantially less.

    • @fixitmann6685
      @fixitmann6685 6 років тому

      There have been a lot of those types of stores and/or catalogs. Some of them are still around, just not highly visible any more. Sharper Image had a dramatic failure as described.

  • @kletchbizmo9771
    @kletchbizmo9771 6 років тому +1

    Really enjoyed it, thanks!
    R.E. House

  • @DimitriosKvs
    @DimitriosKvs 6 років тому +54

    It’s not called Nokiiiia but nOkia!

    • @misatzu
      @misatzu 6 років тому +4

      I had to scroll waaayyyyy down, but finally I found the comment I was looking for.

    • @drewbravo1873
      @drewbravo1873 6 років тому

      Man you need to not take everything so seriously. Before the internet, what did you do, go around correcting people. Grammer police loser. Stay off the comments if you're that fragile!! 😆

    • @misatzu
      @misatzu 6 років тому +7

      @@drewbravo1873 *Grammar. Loser.

    • @brokkrep
      @brokkrep 6 років тому +1

      Nokia is No kia

    • @ben-vf
      @ben-vf 5 років тому

      Was pronounced Knockia in Australia.

  • @tssintmovie
    @tssintmovie 6 років тому +1

    I sometimes honestly miss Blockbuster and Hollywood Video. It was a chance to mingle, but it was also fun to walk around and guess which movies were out of stock.

  • @natekenny7106
    @natekenny7106 6 років тому +139

    "9 WORST Company Failures!"
    *Shows Sony and Apple in the thumbnail, arguably the two most successful tech companies ever*

    • @JadMock
      @JadMock 6 років тому +7

      You watched it so they succeeded

    • @sharptoothtrex4486
      @sharptoothtrex4486 6 років тому +1

      If Apple is a huge success, perhaps Apple should buy the rights to Atari and Intellivision as a takeover creating the next game console not only playing 4K UHD games with 4K UHD disks between 100GB to 200GB, but also play all 4K UHD, Blu-Ray and DVD movies also. The RAM should be between 16GB to 32GB with the fastest Intel computer processor either the I7 or I9 as an alternative. Hope that happens soon.

    • @BIGGIEDEVIL
      @BIGGIEDEVIL 6 років тому +6

      If it wasn't for PlayStation brand sony would be on this list

    • @syxepop
      @syxepop 6 років тому +5

      It's basically what Sony's got left (even bad on mobile phones, no TV's anymore and their movie studios are now "2nd level" along the big worldwide studios, even AT&T recently passing them by when they bought Warner Bros.).

    • @Milliardo5
      @Milliardo5 6 років тому +7

      Apple's the biggest shill tech company really, churning out substandard products now which gullible people still think were as good as when Steve Jobs was around. Apple has long ceased to be an innovator ever since he died and is now just playing catch-up to the real innovators today.

  • @IndigoJo
    @IndigoJo 6 років тому +6

    2:10 Pan Am 103, the Lockerbie bombing, took place in 1988, two years before the Gulf War.

    • @1D0N
      @1D0N 6 років тому +1

      Matthew Smith indeed.
      That was pretty bad.

    • @TheEireplane
      @TheEireplane 5 років тому

      Yes you’re correct Lockerbie was before The Gulf War. Makes me question the credibility of this whole video

  • @TheJosep70
    @TheJosep70 6 років тому +9

    You should have included Commodore.

  • @abhishekpanda2098
    @abhishekpanda2098 5 років тому +2

    9 worst company tech... *Shows iPod on thumbnail, the best MP3 player*

  • @georgetpeppel2900
    @georgetpeppel2900 6 років тому +8

    WRONG! many of these were just the initial or earlier technology. That's how technology often works. They are not "fails". Your definition of fails would mean everything is a fail.
    Learn how things work.

    • @maplenerd22
      @maplenerd22 6 років тому +3

      They're not saying the technology failed idiot. They're saying the company failed to adapt to change.

    • @georgetpeppel2900
      @georgetpeppel2900 6 років тому +1

      Maplenerd22 you are correct. I meant my comment for a different video. It had flip phones and stuff and were calling them technology fails. But I am an idiot for other reasons.

  • @aegisofhonor
    @aegisofhonor 6 років тому +1

    Blockbuster actually had TWO chances to buy up Netflix, both in 2000 AND in 2005, both were killer deals that would have helped Blockbuster compete later, but they turned them both down thinking that the brick and mortar movie rental business was sound and would never fail. in less then 10 years, all but about 10 Blockbuster stores (and to my knowledge only 1 in the lower-continental united states) survive today.

  • @SalvatoreEscoti
    @SalvatoreEscoti 6 років тому +35

    So, in a couple if years Facebook will be over...

    • @SalvatoreEscoti
      @SalvatoreEscoti 6 років тому +9

      estevez66 yes, like PanAm, Blockbuster, Nokia was going extremely well and nevertheless failed eventually.

    • @MrTruth111
      @MrTruth111 6 років тому +14

      I think Apple will be over sooner than facebook.

    • @Murmire
      @Murmire 6 років тому +4

      estevez66 Due to lots of lawsuits and a federal investigation, they are very close to just instantly being bankrupt

    • @CedricKarlFonk
      @CedricKarlFonk 6 років тому +4

      Salvatore Escoti I'm inclined to agree with you. Mind you, many use facebook as a platform to fight, criticize and spread negativity rather than make friends spread love. I'm surprised it lasted this long....

    • @CedricKarlFonk
      @CedricKarlFonk 6 років тому +1

      estevez66 ah you said it. Thanks to instagram....

  • @vincenteverts
    @vincenteverts 6 років тому

    Nice video.. some great details. One 'small' mistake: In 2016 Nokia had SALES of $26 billion and a profit of -$1.47 NOT profit of $26 billion

  • @kevino2622
    @kevino2622 6 років тому +15

    Can't listen to the mic picking up the saliva sounds when you talk...

    • @owennelson4829
      @owennelson4829 6 років тому

      Kevin Orriss was wondering if anyone eles noticed

  • @Adam-jf8xy
    @Adam-jf8xy 6 років тому

    Very informative can be use in my business innovation class-dynamic changes

  • @snickel2584
    @snickel2584 6 років тому +11

    You got some stuff wrong do your homework.

  • @SmokeyMontanaJamaican
    @SmokeyMontanaJamaican 5 років тому

    This was
    very informative thanks much

  • @jpowell180
    @jpowell180 6 років тому +3

    Pan American 103 went down in *1988*, NOT during the Gulf War, which started in January of *1991*!!

  • @nightthornkvala94132
    @nightthornkvala94132 6 років тому

    Update: The local Sacramento Sharper Image closed it's Arden Fair location just in the last few weeks. Are there any more locations open?

  • @MrShadowpanther3
    @MrShadowpanther3 6 років тому +3

    Blockbuster Late Fees...
    Fee for not rewinding.

    • @KJ110813
      @KJ110813 6 років тому

      Late fees were a bit ridiculous but I get the rewinding fee when I think of how much time it would take to rewind nearly every single tape they stocked multiple times per week.

  • @MoultrieGeek
    @MoultrieGeek 6 років тому +1

    Excellent summation of some of the dumbest business moves of all time. Lack of corporate vision coupled with the short-term demands of "activist investors" will kill you every time. Outstanding work.

  • @fuzzyscarfandmittens4772
    @fuzzyscarfandmittens4772 6 років тому +10

    I actually still have a couple Sony digital walkmen / MP3 players but I can't change the music on them because the software no longer works.

    • @hgfhghghgfhfghgfhghg538
      @hgfhghghgfhfghgfhghg538 6 років тому +1

      Erwin Schrödinger I still use my Sony minidisc player in 2018 software works fine on win 7

    • @diekip
      @diekip 6 років тому

      Fuzzyscarfandmittens Walkmen is plural for Walkman? That’s funny or was it a type-o? (No sarcasm intended)

    • @fuzzyscarfandmittens4772
      @fuzzyscarfandmittens4772 6 років тому

      +Dutch landishRDM It could be. I don't know if that's the official way of talking about several of them but it's what I say because "Walkmans" just sounds weird.

    • @diekip
      @diekip 6 років тому +1

      Fuzzyscarfandmittens We (did) say Walkmans in the Netherlands. We have a lot of Dutchified English words in our language and many people wouldn’t hear the difference between men and man, it’s a mistake often made. But i like Walkmen ;)

    • @fuzzyscarfandmittens4772
      @fuzzyscarfandmittens4772 6 років тому +2

      +Dutch landishRDM It really doesn't matter. According to SONY, "Walkmans" is the correct way of referring to them. It's like do how the image format "GIF" is officially pronounced "Jiff" by the company that put it out and yet how many people say "Jiff" and how many people say "Giff"?
      I've always preferred "walkmen".

  • @karenbrown4524
    @karenbrown4524 6 років тому

    This is *such* a good vid, and therefore is an ab-fab channel.

  • @izharshaikh5067
    @izharshaikh5067 6 років тому +4

    THE BOTTOM LINE IS THOSE WHO FAIL TO ADOPT TO THE TECHNOLOGY ,FALL.

    • @PatrickMcAsey
      @PatrickMcAsey 6 років тому

      Izar Shaikh You mean 'adapt' to the technology.

  • @BeatlesBowieKrimson
    @BeatlesBowieKrimson 6 років тому

    Kudos for including Decca's rejection of the greatest rock group in history. But why in the world would you include a picture with Jimmy Nicol (8:20)? Especially when discussing the replacement of Pete Best with Ringo Starr? Nicol was a temporary substitute for Starr during a tour of Australia. Nicol is but an asterisk in the history of The Beatles. Very strange inclusion of that photo ...

  • @bebetigre1252
    @bebetigre1252 7 років тому +4

    loved that kodak instant film>

  • @topside2
    @topside2 6 років тому

    “Hey, what kind of phone do you have?”
    I have a Kodak phone.
    “A what?”
    A Kodak phone.
    “Oh, sorry. I can’t give my number to people with that phone! “

  • @Holiday48000
    @Holiday48000 6 років тому +9

    As of today it looks like you can add FACEBOOK to the list of failed companies.

    • @mytradingjournal123
      @mytradingjournal123 6 років тому +2

      John L but Facebook still have whatsapp and Instagram which are still very successful

    • @tssintmovie
      @tssintmovie 6 років тому +1

      I think pretty much all the social media sites "could" be considered a failure depending on when you look at them. Take Path and MySpace for example.

  • @chrisfabian3652
    @chrisfabian3652 6 років тому

    Where did they get their information from?

  • @jakefaris4120
    @jakefaris4120 6 років тому +6

    I Rocked tha WALKMAN🤫

  • @EdgeOfPanic
    @EdgeOfPanic 6 років тому +1

    Commodore (who made the C64 and Amiga computer) should also be on this list, the spectacular story of total mismanagement alone deserves an entry.

  • @samali108
    @samali108 6 років тому +3

    Good information but wish the narration speed was a little slower.

  • @jpolar394
    @jpolar394 5 років тому +1

    I miss video stores. It gave me a chance to talk to and meet new people while renting some tapes.

  • @jugganuat6440
    @jugganuat6440 6 років тому +13

    I never returned my copy of the goonies to blockbuster

    • @juliaset751
      @juliaset751 6 років тому +2

      Busted!

    • @terrellgaither8699
      @terrellgaither8699 6 років тому

      Felton Mitchell I think u will be ok

    • @georgesmith4182
      @georgesmith4182 6 років тому +2

      I presume that you are in huge debt by now as penalties for non return have accumulated to the point that you'd be buried in a huge avalanche... Just cough up your life savings at the alleyway near the abandoned warehouse around the corner and you'll be fine 😉

    • @N.D.1984
      @N.D.1984 6 років тому +1

      Hero

    • @officialyourdad2342
      @officialyourdad2342 6 років тому +5

      Your late fees can still save the company. Cough it up!

  • @jaronimo1976
    @jaronimo1976 6 років тому

    Some of the images of the Beatles don't show Pete Best, but Jimmie Nicol. A substitute drummer when Ringo was hospitalized. Jimmie Nicol joined the Beatles on a European tour through Scandinavia, the Netherlands. He left the Beatles in Australia when Ringo was recovered.

  • @sachin1825
    @sachin1825 6 років тому +8

    Kodak ia still a legend.

  • @marving.5436
    @marving.5436 5 років тому +1

    So because other companies were too afraid the risks, here comes Steve Jobs who welcomes them...

  • @alm5992
    @alm5992 6 років тому +3

    Since Blockbuster tanked there have been a bunch of variety stores renting videos again. It's as if time went backwards.

    • @malmstring
      @malmstring 6 років тому

      Not only that. The Video stores in Alaska are reportedly going very well. I don't know where the video got the news that they will "most likely not be around too long"....

    • @gustru2078
      @gustru2078 6 років тому +1

      It's because he doesn't know what he's talking about... He has probably never ever set foot there in his entire life. Just an example, video rental stores are still somewhat popular among people here (provided they don't just buy said movie) for a few good reasons.
      First of all, the majority of people in Québec speak french and really are not always good in english / willing to watch something in english.
      Netflix, however, [really] don't have alot of content in french for Canada. Most of the interesting stuff is in english except the occasional movie / TV show from Québec or France (very incomplete collection) or some movies translated in french but guess what. It's always the shit version from France that's completely different (and not in a good way) to what we've been used to at the cinema or when buying said movie (expressions, some words and the way they use / pronounce them as well as often completely changing the script). If I want something translated, I expect it to be translated, not completely changed because they're too stupid to understand anything or just because they're trying to reinvent the whole movie, "translating" into whatever the fuck they want that has absolutely nothing to do with the original version.
      What interest is there for me to subscribe to netflix? None since they have nothing I want. If I want to watch a movie in english, I'll buy / rent from a nearby store and set the language to english instead of french or just rent / watch it for free from the on-demand channel of my cable TV provider if available. Fuck netflix.

    • @Totomuncher
      @Totomuncher 6 років тому +1

      They actually closed down the last two blockbusters in alaska only one left in Bend, Oregon now

  • @adrianm3730
    @adrianm3730 6 років тому

    What is the intro song name?

  • @jgarciajr55
    @jgarciajr55 6 років тому +4

    Lol Yahoo go buy Facebook for 1 billion and Facebook wants 1.1 billion. Lol like extra makes a difference

  • @falldmg6306
    @falldmg6306 6 років тому

    I remember my brother being so excited to get a blockbuster gift card for his birthday one year, gone are those days that I now have nostalgia for.

  • @blue1901
    @blue1901 6 років тому +3

    You are so wrong about SONY, i bought a SONY HDD MP3 player with 20gb storage at the same or before the time apple introduced 2 or 4 gb storage capacities

  • @Samsonmanase
    @Samsonmanase 6 років тому

    Lesson I took is always see the future and be able to innovate and know what’s next without getting comfortable with what you currently have.

  • @Su67377s
    @Su67377s 6 років тому +3

    Reduce music noise

  • @raeparchment
    @raeparchment 6 років тому

    finally a good honest video. clean and fact based

  • @maxheadroom8097
    @maxheadroom8097 6 років тому +2

    You forgot one of the biggest VHS compared to Beta tapes the reason VHS won Sony that owns beta would not sell to the porn industry

    • @tssintmovie
      @tssintmovie 6 років тому

      For that matter, what about HD DVDs, MicroSoft's big bet???

    • @fixitmann6685
      @fixitmann6685 6 років тому

      Bluray is outmoded now too. It was doomed before they pushed it out, actually.

  • @kathyyoung1774
    @kathyyoung1774 6 років тому

    Re: Blockbuster. When video rental stores first opened, there were some that charged quite a bit of money, but you got a LIFETIME MEMBERSHIP. Imagine how stupid those people feel.

  • @martinkuliza
    @martinkuliza 6 років тому +6

    Why do you not know how to pronounce NOKIA correctly
    it's not NO...KIA
    it's NOKIA
    just like SONY is not SO.... NEE but, SONY
    you see to be able to pronounce every company correctly
    but somehow NOKIA escapes you

    • @gauraverma
      @gauraverma 6 років тому +3

      Martin Kuliza And that bothers you because?

    • @martinkuliza
      @martinkuliza 6 років тому

      @Gaurav Verma
      it doesn't bother me.
      i was just commenting..
      i just find it strange that he pronounced everything else correctly but not Nokia.
      but... it doesn't actually bother me per se

    • @fixitmann6685
      @fixitmann6685 6 років тому

      You say Tomato, I say Tomato. We just say them differently.

    • @martinkuliza
      @martinkuliza 6 років тому

      @fix it Mann
      No mate......
      you can say that about TOMATOE and TOMATO if you like (which you didn't by the way)
      point being... basic objects, yes..we say them different depending on where we are from
      but things like names of places... Take MELBOURNE as an example
      american's say MEL BORN and it's more like MEL BURN
      and this is not debatable , WE ARE RIGHT because it's our town
      take, LOS ANGELES , now i don't actually know the correct way
      but i know of two way
      LOS AN GEL EARS
      or
      LOS AN GEL ES
      SO.. THERE ARE 2 WAYS and whichever america thinks is right is the right one.. end of story
      now when it comes to sony and nokia
      it's the way that the creators of the company pronounce them
      NOT THE WAY YOU RE-INTERPRET IT
      so.. it's a not a case of tomatoe vs tomato
      it's... I'm right, You're wrong and you have to accept it
      and it's not arrogance,
      it's a fact
      and the only way you can disprove me is to prove that the original creator of the name said differently to what i believe
      so long story short mate
      I'm in I.T. and Telecommunications
      i'm telling you, you're saying it wrong
      You have 2 choices
      1. Learn from the mistake and move forward
      or
      2. make excuses and keep saying it wrong... Up to you
      FYI another one American's do incorrectly is HYNUNDAI
      AND TO BE FAIR another one that Australian's do incorrectly is TOYOTA
      aussies say TOY O DA out of laziness
      it's actually TO YO TA
      point being
      you can attribute some things to language, but things like patented name brands.. YOU CAN'T
      the correct way is the way that the creator says is correct
      even if it doesn't marry up with correct grammar it's still correct because the creator is the creator and the source of the word
      this is beyond debate
      it's just a question of will people accept it
      or
      will they be arrogant and continue to think they are right

    • @martinkuliza
      @martinkuliza 6 років тому

      @Spinler Muckflitt
      let me answer this question like this
      THIS IS A THING , it's not food
      the similarity between saying SOLDER or SODER is like saying METAL or MEDAL
      (while meaning to say METAL)
      some people will put emphasis on the T others will say it quickly and it sounds like a D
      that being said
      THE ACTUAL NAME IS SOLDER
      (you can google that and find pictures of solder rolls) Pronounced SOL DA
      or if you prefer..
      NOW.. "SO DA" Is an american term ( i believe)
      it's like back in the day we can SILICON Sealant and the old blokes called it silisac or more commonly SILASTIC
      SILASTIC IS A BRAND NAME
      it's a brand of silicon
      www.google.com.au/search?biw=1366&bih=626&tbm=isch&sa=1&ei=ezHYW9fQIpXr-QaZj66YAw&q=silasac+silicon&oq=silasac+silicon&gs_l=img.3...13802.13836.0.14774.2.2.0.0.0.0.297.297.2-1.1.0....0...1c.1.64.img..1.0.0....0.Z0djBi09eCE#imgrc=COzBT1h-OfCpLM:
      on a building site it's like saying GET THE HILTI
      which translates to GET THE DRILL (the High Powered Drill) because HILTI is a brand
      name
      so back to SOLDER vs SODER
      soder is incorrect SOLDER is correct
      but, the term SODER just caught on and thus spawned the use of SODERING IRON
      and... I'M GONNA DO SOME SODERING
      and THIS IS A CRACK SODER JOINT
      it's badly incorrect, but it's just so out of control now that trying to fight it is a losing battle
      technically anyone who undertakes this debate
      and
      a) says that solder is correct WINS THE DEBATE
      b) says that soder is correct IS INSTANTLY WRONG
      and it can be easily proven by walking up to any roll of solder and reading it in normal english
      THE L IS NOT SILENT, because it doesn't conform to the rules of the english language to be silent
      so that's that
      AN IMPARTIAL ANSWER IS.... SOLDER IS CORRECT
      which one do i prefer to use.... I USE SOLDER and when i say SODER (which i don't) or if
      anyone else say's it... it sounds weird to me
      Hope that answers the question

  • @davidewhite69
    @davidewhite69 6 років тому

    Sony's reason for not releasing a portable digital player was that due to fearing ease of piracy, they were highly against the MP3 format, and at one time they tried to get it banned

  • @Darkside-origin
    @Darkside-origin 7 років тому +38

    knock-e-ahh is how you pronounce Nokia btw its Scandinavian

    • @BLY99
      @BLY99 6 років тому +15

      It's not Scandinavian, Finland is not part of Scandinavia.

    • @carlcushmanhybels8159
      @carlcushmanhybels8159 6 років тому +4

      Finland is often considered part of Scandinavia, with both 'cousin' like cultural similarities and 'cousin' like differences, more so than the other 3 (who have their differences too). Thanks "Legend of...": for how we're supposed to Say "Nokia.' The narrator said Nokia the way most Americans do. (No-kee-ah), rather than what you say is correct: Knock'-ee-ah

    • @marguskiis7711
      @marguskiis7711 6 років тому +1

      right pronounce is nnoggya.

    • @katakisLives
      @katakisLives 6 років тому +1

      its just pronounced differently in the states its not wrong

    • @marguskiis7711
      @marguskiis7711 6 років тому +1

      Why americans could not still believe that Nokia is NOT from Japan?

  • @TheDavecroft
    @TheDavecroft 5 років тому +1

    I remember reading that Philips invented compact cassettes and wanted other manufacturers to pay them a levy of about one dollar on each one they sold. But the likes of Sony etc refused and threatened to bring out their own versions. Philips backed down as they wanted to avoid a format war (similar to what happened with VHS and Betamax years later). So Philips gave up a small fortune.

  • @MrJay197409
    @MrJay197409 6 років тому +17

    Kodak was not a failure.

    • @Friggle_Dee
      @Friggle_Dee 6 років тому

      Mr. Carroll W
      I agree

    • @diekip
      @diekip 6 років тому

      Mr. Carroll W it’s a failure how they’ve died when digital camera’s came instead of switching to digital photography.

    • @Friggle_Dee
      @Friggle_Dee 6 років тому +2

      Dutch landishRDM
      Yes but they dominated the photography game for over 2 decades. A fall from grace maybe, but not a failure.

    • @MrJay197409
      @MrJay197409 6 років тому +3

      Dutch landishRDM
      I can buy Kodak. My defintion of failure is different such as circuit city, Gateway computers, Montgomery Wards, blockbuster those are failures.

    • @diekip
      @diekip 6 років тому +3

      Friggle Dee ok i have to agree with you on that, it’s a shame though..

  • @juliaset751
    @juliaset751 6 років тому

    My Sony Walkman still works, but the headphones fell apart pretty quick: too fragile for portable use.

  • @ADAMSIXTIES
    @ADAMSIXTIES 6 років тому

    8:21 This Beatles photo does not show Pete Best OR Ringo. It's Jimmy Nicol, who for a short time filled in.

  • @cubesquared2291
    @cubesquared2291 4 роки тому

    I mean, instantly you failed to mention a big reason for Kodak's decision was based on how significant of a revenue stream developing photos was for them.

  • @darrylbrown163
    @darrylbrown163 6 років тому +2

    what about comp u s a or circuit city?

  • @williammakupa5896
    @williammakupa5896 6 років тому

    It is not just failure to adapt but also coupled with lack of foresight. It is not everybody who can foresee that what works today may quickly become obsolete tomorrow.

    • @maplenerd22
      @maplenerd22 6 років тому

      In order to adapt, you need the foresight to see the change. That was implied.

  • @motored6089
    @motored6089 Місяць тому +1

    The Lockerbie bombing wasn’t in the middle of the Gulf War. It was in late 1988.

  • @ace942
    @ace942 6 років тому

    I know all these companies except for the Decca records one. Never heard of them. I do miss some of these companies like Borders and Blockbuster.

  • @CommercialBreak
    @CommercialBreak 6 років тому

    Sharper Image didn’t close all stores, there’s some here in NY. There’s one in the NBC building.

  • @mikefranks4528
    @mikefranks4528 6 років тому

    Barnes and Noble just opened up a store in Columbia, Maryland in 2018. We will see how long it lasts

  • @Sam-K
    @Sam-K 6 років тому

    Great video.
    Thought it was going to be another clickbait. Boy was I wrong!

  • @PokeMaster22222
    @PokeMaster22222 6 років тому

    When I was but a small kid, there was a Borders store in Macquarie Centre; I used to love going there. I was so disappointed and sad when I came one day, only to see the store replaced by...a JB Hi-Fi, I believe it was. I loved Borders. Such a shame.

  • @alesterpadua7884
    @alesterpadua7884 6 років тому +2

    Some products did not fail, they just died out because of newer technologies.

    • @kathyyoung1774
      @kathyyoung1774 6 років тому

      Alester Padua The PRODUCTS were not failures. The COMPANIES FAILED because they didn’t adapt or made bad choices. Big difference.

  • @KJ110813
    @KJ110813 6 років тому

    @8:20 The one on the far right, the ugly fucker... is that dude and the dude who plays Theon Greyjoy related? Look pretty similar to me.

  • @AfiOye
    @AfiOye 6 років тому

    Nokia phones make good paperweights, doorstops, heavy things to throw at a stupid boyfriend, window breaker, come on guys, plenty of things.

  • @song1861
    @song1861 6 років тому +1

    Seriously in 2002 when a friend told me about google. I already know Yahoo going be in trouble..

  • @TheSittingDutchman
    @TheSittingDutchman 6 років тому

    Best history lesson I've ever had

  • @shilanjoybhattacharjee1534
    @shilanjoybhattacharjee1534 5 років тому

    Amazing video lots of love from India

  • @geraldmartin7703
    @geraldmartin7703 6 років тому

    Nothing about my three Sony Betamax video recorders?

  • @elgatosamurai9517
    @elgatosamurai9517 6 років тому

    Sorry Netflix. A new RedBox has been placed two blocks from my house.