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.
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Kimiko
Posts about startup ...ย โขย 27d
someone should buy brand of blockbuster and give a solid comeback
0 replies1 like
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