Ballbuster Video: 1 store left

[RealSNR]

They once had the opportunity to purchase Netflix and passed.

Bet that CEO wishes he had a goddamn time machine

[NJChiefsFan]

Originally Posted by RealSNR

They once had the opportunity to purchase Netflix and passed.

Bet that CEO wishes he had a goddamn time machine

That's incredible.

Also the millennials time frame is actually quite big so I am technically one myself. I certainly remember Blockbuster. There was almost something magical about going and finding the video or game you knew for sure would not be there. Plucking that tab off the velcro was a magical moment.

[sedated]

Originally Posted by NJChiefsFan

There was almost something magical about going and finding the video or game you knew for sure would not be there.

Or seeing that they are all sold out of what you want on the shelf, but checking the returns and finding it.

[Bowser]

Originally Posted by RealSNR

They once had the opportunity to purchase Netflix and passed.

Bet that CEO wishes he had a goddamn time machine

Didn't they also have a shot at partnering up with Red Box as well?

[Garcia Bronco]

Originally Posted by RealSNR

They once had the opportunity to purchase Netflix and passed.

Bet that CEO wishes he had a goddamn time machine

It's so much worse than that.

The could have bought Netflix for around 50 million and Blockbuster laughed Hastings out of the room. On top of that they had evidence that their business model was going down the tubes as early as 1997. Flash forward to 2004 and to compete with Netflix's mail service they were going to have to cut all late fees 200 million, and invest in digital infrastructure to stream which was going to cost another 200 million...and that's when Carl Ichan stepped in and utterly ruined the company.