Special Report

Brands That Will Disappear in 2020

Source: Adobe

1. Adobe Flash

In 2020, Adobe Flash Media Player, the once-ubiquitous browser plug-in, will be no more. Once the standard medium for streaming rich content like videos online, Flash Player has been rendered nearly obsolete by modern browser technology. It has also been beset with glitches and security vulnerabilities in recent years. According to Google, as recently as three years ago, 80% of people using the Chrome browser went to a website that used Flash. Today, the share is just 17%.

Source: Volkswagen of America

2. Volkswagen Beetle

The final VW Beetle rolled off production lines in 2019. After being introduced more than 80 years ago, the German automaker halted production of its iconic compact vehicle. The announcement comes as the popularity of SUVs and crossover vehicles is surging among American motorists. After hitting a six-year high of over 43,000 units sold in 2013, Beetle sales fell every year since.

Source: Marvel

3. Marvel Television

Marvel Television, the TV-focused division of production giant Marvel Studios, will be closing down operations in 2020. The company will not develop any new projects, and any shows currently in production will now fall under the direction of Marvel Studios. The news comes after Netflix announced the cancellation of two Marvel shows on its platform: “Jessica Jones” and “The Punisher.” New Marvel content will likely be available exclusively on parent company Disney’s new streaming platform.

4. A.C. Moore

Arts and crafts retailer A.C. Moore is one of several brick-and-mortar chain stores planning to shutter all locations in 2020. The company’s 145 locations are located primarily on the East Coast. Former rival, arts and crafts store Michael’s, will take over 40 former A.C. Moore locations.

A company spokesperson attributes the closure to the store’s inability to compete at a national level. A.C. Moore was in business for about three and a half decades.

Source: Sony Playstation

5. PS Vue

PlayStation Vue, an online television streaming service, will be discontinued by the end of January 2020. Losing money since its launch in 2015, the service has never been as successful as competitors like YouTube and Sling, which had far more subscribers than the half a million PS Vue reportedly had at its height.