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Mmastodon BusinessStartups first seen 15 h ago, last 1 h ago, peak #7

Blockbuster's $50 million refusal to buy Netflix revisited

Original: У 2000 році Blockbuster відмовився купити Netflix за 50 мільйонів доларів. Netflix на той момент був маленьким сервісом

In 2000, Blockbuster declined to buy Netflix for $50 million. At the time, Netflix was a small DVD-by-mail rental service founded in 1997, charging $15.95 a month with no due dates. The story is being retold as a classic example of a corporate giant missing a historic opportunity, as Netflix went on to become a streaming leader while Blockbuster collapsed.

Why now: The famous failed deal is a widely shared cautionary business tale about missed opportunities and disruption.

BlockbusterNetflix

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Rank over time, top of the chart is #1. 22 snapshots from 15 h ago to 1 h ago.

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API: https://socialmediatrends-api.osmike.com/v1/trends/849511