Movie Downloads and Rentals

Movies can be rented and downloaded in a variety of manners. There are walk in shops, stand-alone kiosks, mailing, download sites, and streaming. Companies such as Blockbuster, Netflix, Amazon Unbox, and Redbox are all part of this industry.

Did Blockbuster refuse to buy Netflix?

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Yes. In 2000, when Blockbuster was the titan of the movie-rental industry and Netflix was a scrappy DVD-by-mail upstart, top dogs from both companies met about a potential sale. Netflix's founders offered to sell their company to Blockbuster, and when they mentioned their price tag of $50 million, Blockbuster’s CEO stifled a laugh and ultimately turned them down. Ten years later, Blockbuster went out of business; that same year, Netflix, by then in the streaming game, brought in over $2 billion in revenue. In 2019, they brought in $20 billion.

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