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Harshal Nagpure Rj

Thoughts of a dreame... • 2y

Can anybody tell me how to disturb an exist in business model in tech ? Also share some examples of startups or any business who did that.

Havish Gupta

Figuring Out • 2y

Netflix and Blockbuster At start blockbuster use to sell dvds of movies. Though blockbuster use to charge huge late return fees (late fees contributed to 10% of revenue). So Netflix removed the late payment fees and introduced CDs. Thus people started to shift to netflix. Note: the above victory was not easy and Netflix had to come up with new plans and stretegies daily to defeat a giant.

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mg

mysterious guy • 10m

Netflix's $50 Billion Pivot That Blockbuster didn’t see coming In 2000, Netflix offered to sell itself to Blockbuster for $50 million. Blockbuster laughed them out of the room. At the time, Netflix was just mailing DVDs. Streaming wasn’t even a thi

Account Deleted

Hey I am on Medial • 1y

Netflix didn’t just beat Blockbuster—they exploited its biggest weakness. In 2000, Blockbuster made $800M from late fees. Customers hated them. Netflix saw an opportunity. Instead of charging per rental, they launched a $19.99/month unlimited plan.

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Havish Gupta

Figuring Out • 1y

How Blockbuster's One Offer Almost Killed Netflix! So Blockbuster was founded in 1985 as a movie DVD rental company. They had huge stores, stocks of all movies, and movie reviews from their employees. It was good place to shop at but the pain point

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Inactive

AprameyaAI • 1y

How Netflix started ? The $2 Billion Mistake: Blockbuster's Netflix Blunder How does a single decision reshape an entire industry? In 2000, Netflix offered to sell to Blockbuster for $50 million. Blockbuster laughed it off. Fast forward: 2002:

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Shiv Bharankar
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Medial • 1y

Netflix📰 lt’s 2000, and Netflix co-founders Reed Hastings and Marc Randolph offer to sell their fledgling DVD rental business to Blockbuster for $50 million. Blockbuster laughs them out of the room. Fast forward to 2025, Netflix boasts over 238 mil

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Vishnu Dileesh

Engineer | Entrepren... • 7m

The world laughed when Netflix tried to sell to Blockbuster for $50M. They kept building. Today Netflix is worth around $515B

Vishu Bheda
•

Medial • 1y

In 2001, Netflix begged Blockbuster to buy them for $50 million. But Blockbuster laughed at them. Today, Netflix is worth over $350 billion—and no one remembers Blockbuster. Here’s how that rejection ignited one of the greatest business comebacks

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Vishu Bheda
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Medial • 8m

𝗦𝗵𝗶𝗳𝘁: 𝗢𝗹𝗱 → 𝗡𝗲𝘄 TV → YouTube Radio → Podcasts Auto/Taxi → Ola / Uber / Rapido SMS → WhatsApp Landline → Jio / Smartphones Cash → UPI / PhonePe / Paytm Kirana → Blinkit / Zepto / BigBasket CDs/DVDs → Netflix / JioCinema / Spotify

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Vikas Acharya
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Medial • 1y

NETFLIX : FROM DVDS TO STREAMING EMPIRE !! Founded in 1997 by Reed Hastings and Marc Randolph, Netflix began as a DVD rental service. When Hastings envisioned streaming content online, the company transitioned in 2007, betting on the future of on

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Harsh Dwivedi
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Medial • 1y

Neeraj Goyat claims a global victory, showcasing his talent to the world in a live Netflix broadcast. Zomato, once again, plays its marketing cards perfectly by sponsoring him.