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Friday, May 29, 2015

 

Blockbuster once had the opportunity to buy Netflix

In 2004 Blockbuster boasted 9,000 stores worldwide, 60,000 employees, and a market capitalization of $5 billion. Today, Blockbuster is gone. ...
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Did you know that Blockbuster had the opportunity to buy Netflix for $50 million? Netflix today is worth about $35 billion.

There is still an empty building about a mile from my home that was once a blockbuster store.

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