Netflix's $50 Billion Pivot
That Blockbuster didnโt 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 wasnโt even a thi
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AprameyaAIย โขย 10m
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:
In 2001, Netflix begged Blockbuster to buy them for $50 million.
But Blockbuster laughed at them.
Today, Netflix is worth over $350 billionโand no one remembers Blockbuster.
Hereโs how that rejection ignited one of the greatest business comebacks
PVR is showing re re-release of popular blockbuster. Is it good idea? Why?
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Magudapathi R
Hey I am on Medialย โขย 8m
START IT TODAY ITSELF , WHY THE IDEA CAN WAIT UNTIL IT BECOMES PROTOTYPE ,BUT TIME WON'T WAIT FOR YOUR ACTION , WHATEVER JUST START TODAY ITSELF. DON'T WAIT FOR RIGHT TIME , JUST CREATE YOUR RIGHT TIME โค๏ธ FRIENDS AND FAMILY ๐
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Chamarti Sreekar
Passionate about Pos...ย โขย 3m
Netflix didnโt just beat Blockbusterโthey 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.
The Missed Billion-Dollar Mistake No One Talks About ๐ฅ
In 2000, Netflix offered to sell itself to Blockbuster for $50 million. Blockbuster laughed them out of the room.
Fast forward โ Netflix becomes a $200+ billion behemoth. Blockbuster? A dusty
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Mohammed Zuber Ahamad
Full Stack Developer...ย โขย 11m
Don't wait for the perfect time to start.
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