
Once upon a time not all that long ago, we lived a few blocks away from Lost Weekend Video, an excellent mom-and-pop video rental shop in San Francisco's Mission District. For many years, it was our preferred movie-rental provider. Then things changed, and we found ourselves visiting Lost Weekend less and less often.
Why? For one, we moved a few blocks farther away, which made the store that much less convenient. But even more, we got a Netflix account, which eliminated the need to go to any video store whatsoever. Yet even as miserable chains like Hollywood Video and Blockbuster shuttered their local stores, Lost Weekend is still open -- even today.
But tomorrow is uncertain.
Telstar Logistics walked by Lost Weekend Video recently, and when we did we saw this clever-but-sad commentary about technological change and creative destruction posted in the store's window, along with a yellowed clipping of this September 30, 2010 article from the Wall Street Journal, entitled "Fade-Out Nears for Video Stores."
As Netflix and cable entered the fray, consumers turned away from video stores and spent more entertainment time online, on sites such as YouTube and early services that streamed movies to computers. Automated DVD-rental kiosks have taken a bite, too.
By 2007, the number of video-rental shops in New York halved from its 1997 level of 1,206, according to census data. In Los Angeles, stores fell to 595 in 2007, down from 1,047 a decade earlier.
In 2010, physical rentals from U.S. video shops are expected to be down 56% to $3.65 billion, from the 2001 peak, according to SNL Kagan. In the wake of this week's bankruptcy filing, Blockbuster is expected to close a big chunk of its roughly 3,000 stores (a few years ago it had more than 5,800). Movie Gallery, the owner of Hollywood Entertainment, liquidated in February.
As video shops, like record stores before them, began to vanish, trips to Blockbuster or the corner rental shop were reserved for "old times' sake" or a novel date night.
Lost Weekend soldiers on, for now, but when we spoke to the store's proprietors, they were candid: Times are tough, they said. As an indication of that, in the window of their shop they posted the lyrics to a sing-along remake of a familiar song about an earlier generation technological change, specially modified to suit today's circumstances:

We've transcribed the lyrics below. Start up the melody to "Video Killed the Radio Star" in your head, then sing-along to this clever new version to honor the memory of your favorite video store, wherever it might have been...
INTERNET KILLED THE VIDEO STORE
(Sung to the tune of "Video Killed the Radio Star," by The Buggles)
I bought a VCR in Nineteen Eighty-Two
I rented "Breakin' 2: Electric Boogaloo"
I didn't have a car or anything to do
They took my favorite films and put them out on tape
I got the Laserdisc of "Planet of the Apes"
Then DVD and Blu-Ray blew them all away
They're obsolete now
I'm wondering how
Internet Killed the Video Store
Internet Killed the Video Store
Now we watch our movies on a telephone
Or a laptop when we're sitting all alone
We click a button pay price and down it loads
We weren't the first one
But we're the last one
Internet Killed the Video Store
Internet Killed the Video Store
Netflix came and broke our heart
On-demand tore it apart
In my mind we lost the store
Be kind rewind forever more
We are your video store
(Repeat and fade out)
**2010 Lost Weekend SF**
IMAGES: Signs, Telstar Logistics. Storefront: 3030vision