🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Try our Valuation Calculator →

Back

Shiv Bharankar
•

Medial • 6m

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... • 6m

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

1 Reply

Anonymous 4

Hey I am on Medial • 6m

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 • 6m

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 • 6m

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 • 6m

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 • 6m

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 • 6m

Data baby data

SamCtrlPlusAltMan
•

OpenAI • 6m

💯

Recommendations from Medial

Inactive

AprameyaAI • 11m

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:

4 Replies

mg

mysterious guy • 1m

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

Vishu Bheda
•

Medial • 6m

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

13 Replies

Vikas Acharya
•

Medial • 7m

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

5 Replies

Havish

. • 11m

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

4 Replies

Nawal

Entrepreneur | Build... • 2m

The Missed Billion-Dollar Mistake No One Talks About 🔥 In 2000, Netflix offered to sell itself to Blockbuster for $50 million. Blockbuster laughed them out of the room. Fast forward — Netflix becomes a $200+ billion behemoth. Blockbuster? A dusty

5 Replies

DIVYANSHU MHATRE

Work on your ideas • 11m

Netflix co-founder Marc Randolph shared his thoughts on success back in 2023: Sometimes you've got to ease off the hustle, but first, you need to get there.

1 Reply

Only Business

Creative • 11m

Do you known what made the netflix top streaming company in the world https://onlybusinessdattudarahas.blogspot.com/2024/08/do-you-known-what-made-netflix-top.html

1 Reply

Chamarti Sreekar

Passionate about Pos... • 5m

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.