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Granted Old media did have the funds and backing to purchase Netflix out or offer competitive alternatives.
by hackits 10y ago
Granted Old media did have the funds and backing to purchase Netflix out or offer competitive alternatives.
- vogt 10y agoThey had the chance to do both, and squandered it.
- notatoad 10y agoThey did have the funds, but i don't think they do anymore. and that's why we call them "old media" and not just "media"
- cryptoz 10y agoBlockbuster declined to buy Netflix for $50M in 2000. Now Blockbuster is gone and Netflix is worth a lot more than $50M. Edit, source: http://www.businessinsider.com/blockbuster-ceo-passed-up-chance-to-buy-netflix-for-50-million-2015-7 http://www.businessinsider.com/blockbuster-ceo-passed-up-cha...