Blockbuster: The Night It Laughed Netflix Out of the Room
Obsolete Inc
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Blockbuster: The Night It Laughed Netflix Out of the Room
141 просмотр · 7 дн. назад
Obsolete Inc
44 подписчика
141 просмотр · 7 дн. назад
In 2000, Netflix, a struggling DVD-by-mail startup, offered to sell itself to Blockbuster for a mere $50 million. Blockbuster, then a titan of home entertainment, famously laughed them out of the room. This video explores how a company with immense resources and a fifteen-year head start managed to hand the future to a startup it deemed unserious, and the surprising origins of Blockbuster itself.
The irony runs deep: Blockbuster was founded by a software engineer who revolutionized video rental with data and systems. Yet, the company that began by optimizing inventory and customer databases ultimately failed to recognize the data-driven future Netflix represented, proving that even the most powerful companies can be blinded by their own success.
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blockbuster netflix corporatefailure businesshistory videorental streaming innovation techhistory davidcook johnantioco