Chapter
The Rise and Fall of Video Rental Stores
49:26 - 52:34 (03:07)
The podcast discusses the history of video rental stores such as Blockbuster and how they have been outcompeted by streaming services like Netflix.
Clips
Netflix offered to sell to Blockbuster for $50 million but was rejected, now Netflix is worth over $32 billion while Blockbuster is just a memory.
49:26 - 50:07 (00:40)
Summary
Netflix offered to sell to Blockbuster for $50 million but was rejected, now Netflix is worth over $32 billion while Blockbuster is just a memory. Similarly, Yahoo had chances to buy Google and Facebook but declined, leading to missed opportunities.
ChapterThe Rise and Fall of Video Rental Stores
EpisodeI Tried So Hard And I Got So Far But In The End It Didn't Even Matter
PodcastDistractible
The rise of streaming services has led to the seeming obsolescence of traditional video rental stores, but one Blockbuster location in Bend, Oregon has managed to stay open with a mix of nostalgia and a unique business model.
50:07 - 51:40 (01:33)
Summary
The rise of streaming services has led to the seeming obsolescence of traditional video rental stores, but one Blockbuster location in Bend, Oregon has managed to stay open with a mix of nostalgia and a unique business model.
ChapterThe Rise and Fall of Video Rental Stores
EpisodeI Tried So Hard And I Got So Far But In The End It Didn't Even Matter
PodcastDistractible
Netflix started its DVD service in 1997, which delivered DVDs to customers' homes through mail.
51:40 - 52:34 (00:53)
Summary
Netflix started its DVD service in 1997, which delivered DVDs to customers' homes through mail. Initially, they only offered rental services for DVDs, but later expanded their services to include online streaming as well.