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The rise and fall of Blockbuster


tacobell fan

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Once valued as a $3 billion company, Blockbuster owned over 9,000 video-rental stores in the United States. But in 2010, after turning down the chance to buy Netflix, Blockbuster filed for bankruptcy with almost $1 billion in debt. So, what happened?

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1 hour ago, r2d2 said:

My question was.. by 2010 streaming was already popular.. what stopped them from buying Netflix? were they that DUMB?

Who would think in 2010, that there will be so much demand for VOD movies which was existing since long time....

Netflix clicked bcoz....we are able to watch many Series without Ads, ppl got used to Binge watch them.

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