2000 Blockbuster facts
While investigating facts about 2000 Blockbuster, I found out little known, but curios details like:
Blockbuster had the chance to buy Netflix for 50 million in 2000 but turned it down to go into business with Enron
In 2000, Blockbuster Video turned down a chance to purchase a one-year-old company called Netflix for $50 million.
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across. Here are 21 of the best facts about 2000 Blockbuster I managed to collect.
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Way back in 2000, Netflix tried to partner with Blockbuster but were laughed out the boardroom.
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In 2000 Blockbuster CEO John Antioco turned down the chance to purchase Netflix because he thought it was a "very small niche business"
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In 2000, Enron tried to make a version of Netflix by partnering with Blockbuster, but the project ultimately failed due to trouble with the technology.
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Legendary Irish actor Richard Harris played Marcus Aurelius in the 2000 blockbuster film, Gladiator.
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In 2000, Blockbuster passed on the chance to buy Netflix for $50 million. Netflix is now worth $50 billion.
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Blockbuster LLC turned down the opportunity to buy Netflix in 2000 for just $50 million. Their stock price has hovered between $0.00 and $0.10 since 2012.
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In the year 2000, Netflix was offered for sale to Blockbuster for $50 million US. Blockbuster declined.
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In 2000 Blockbuster declined several offers to purchase Netflix for a mere $50 million. Blockbuster filed for Bankruptcy in 2010 and valued at around $24 million, while Netflix’s worth rose to around $13 billion.
What is true about 2000 blockbuster?
You can easily fact check it by examining the linked well-known sources.
In 2000 Netflix offered to partner up with Blockbuster and were turned down and now Blockbuster is bankrupt
In 2000, Blockbuster Video turned down a chance to buy Netflix for $50 million - source
In the year 2000 Netflix was offered for acquisition to Blockbuster for $50 million, however Blockbuster declined the offer. - source
Blockbuster passed up the chance to buy Netflix for $50 million back in 2000
Blockbuster could have purchased Netflix in 2000, but passed.
In 2000 Blockbuster passed up a chance to buy Netflix for only $50 million. [Relevant part towards end]
Blockbuster had the opportunity in 2000 to purchase the fledgling Netflix for $50mil, which it turned down.
In 2000, Netflix was offered for acquisition to Blockbuster for $50,000,000; however, Blockbuster declined the offer. Currently, Netflix has a valuation of approximately $29B.
