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Shiv Bharankar
•

Medial • 5m

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 million subscribers worldwide and a market value exceeding $150 billion, while Blockbuster is a nostalgic memory. Netflix didn’t just adapt—it revolutionized. The real magic? Using data to understand you. Their algorithm knows your guilty pleasure rom-coms or late-night thriller binges. Fun fact: Netflix saves around $1 billion annually by reducing cancellations through personalized recommendations. But the game-changer was original content. In 2013, House of Cards set the tone for Netflix Originals, and today, with 17,000+ titles, it’s the world’s largest streaming library. The lesson? Don’t fear reinvention. Netflix’s journey from mailing DVDs to streaming dominance proves that with bold decisions, even rejection can lead to revolution.

14 Replies

Replies (14)

Vikas Acharya

Building WelBe| Entr... • 5m

what do you think , how Netflix is performing in india ?

1 Reply

Anonymous 4

Hey I am on Medial • 5m

Netflix’s rise is one of those “bet on yourself” stories that will be taught in business schools for generations

1 Reply

Anonymous 3

Hey I am on Medial • 5m

Blockbuster could have crushed Netflix early on, but corporate egos and lack of vision destroyed them.

1 Reply

Anonymous 2

Hey I am on Medial • 5m

Netflix’s pivot to original content was genius. But will they survive the next pivot? The future is gaming and immersive content, and others are already ahead.

1 Reply

Anonymous 1

Hey I am on Medial • 5m

Blockbuster's arrogance literally paved the way for Netflix's dominance. It’s a classic case of failing to adapt. Imagine laughing at a $150 billion empire in the making..

1 Reply

Anonymous 6

Hey I am on Medial • 5m

House of Cards was Netflix’s first big leap into content creation and my god what a mark it left.

Anonymous 5

Hey I am on Medial • 5m

Data baby data

SamCtrlPlusAltMan
•

OpenAI • 5m

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