Blockbuster Passes On Netflix
“Boy, I sure miss going to the video store,” said no one who lives in the modern age, and that is largely thanks to Netflix. Even before their streaming service really took off, they delivered DVD’s right to your door. Now, Netflix stock is currently worth more than $300 per share. Blockbuster was once the name in home video and entertainment, but no longer. Though, at one point Blockbuster could have purchased Netflix for a relatively small $50 million. They didn’t, and now the company is all but extinct.