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Blockbuster Could Have Bought Netflix for $50 Million

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About Blockbuster Could Have Bought Netflix for $50 Million

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In 2000, Netflix offered to sell itself to Blockbuster for $50 million. Blockbuster said no. Today Netflix is worth close to $300 billion, and Blockbuster has one store left. How does a giant lose? Every decision looked smart at the time. GAME OVER is our series on how giants lose. Only documented facts; the pixel characters are just the storytellers. 0:00 Start 0:36 Level 1: The empire 1:20 Level 2: The weird little startup 2:02 Boss fight: The trap 2:55 Patch notes: The final level 3:27 Next level: The lesson SOURCES - The $50M offer: Marc Randolph's account (Netflix co-founder), as reported by Inc. and fact-checked by Newsweek - Blockbuster at its 2004 peak (9,094 stores, 84,300 employees): company data as reported in press coverage - Late fees (~$800M a year around 2000): press reports, e.g. NBC News (2010) - Bankruptcy, 23 Sep 2010, ~$1B of debt: CNN Money - Netflix market cap (over $280B, 1 Oct 2026): StockAnalysis, companiesmarketcap Not financial advice. Just the rules of the game. #business #netflix #pixelart

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