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> Blockbuster even started its own Netflix competitor but they could not spend the money and time to make a go of it. From John Antioco's telling it would have
by dwd 7y ago
> Blockbuster even started its own Netflix competitor but they could not spend the money and time to make a go of it.
From John Antioco's telling it would have but he lost control of the company to activist shareholders, who as you said:
> ...never look at whether a unit is a good future investment.
https://hbr.org/2011/04/how-i-did-it-blockbusters-former-ceo-on-sparring-with-an-activist-shareholder https://hbr.org/2011/04/how-i-did-it-blockbusters-former-ceo...