Comicbook is reporting that a group that goes by the name of Blockbuster DOA is showing interest in acquiring the intellectual property (IP) rights to Blockbuster Video, a strangely missed relic of the past that forced you to go to a brick and mortar store to speak to someone in order to rent or maybe even buy some movies, TV shows, and/or video games, to turn that lost IP into another streaming service that could join such powerhouses as Netflix, Amazon Prime Video, Hulu, and Disney+.
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Blockbuster DOA is currently trying to raise $5 million dollars to entice Dish Network into selling them Blockbuster Video. The plan is to have their Decentralized Autonomous Organization run on the Blockchain, and have all the decisions automated, which then puts most of the powering in the palms of viewers which lets the viewers themselves, and not stuffy suits, determine what programming they want to see on the unnamed Blockbuster Video streaming service. And yes, this group does plan on running this like a cryptocurrency.
Dish Network isn’t currently interested in selling their gathering-dust IP, but Blockbuster DOA is hoping that if they can get enough people to see what they are trying to do, and if enough of those people can make a big enough fuss, then maybe, just maybe they can get Dish Network to part ways with it. Although I must say that Blockbuster Video has to be worth more than $5 million.
Now why Dish Network hasn’t already turned Blockbuster into a streaming service is beyond me. Netflix copied the renting model but made it available online, but they did evolve over the years and now are at the top of the steaming mountain. While that happened, Blockbuster closed most of its stores, with one exception in Bend, Oregon, and just kinda slinked into the shadows with no evolution to speak of. Here’s hoping that Blockbuster DOA is able to get the rights and actually do something with an IP that still has mass appeal and a ton of embedded nostalgia.
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