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3 Facts About The Infamous Blockbuster/Netflix Story

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3 Facts About the Infamous Blockbuster/Netflix Story
Perhaps no other example quite defines the concept of industry disruption as the Blockbuster / Netflix story. It will potentially go down as one of the biggest forehead-slaps and missed opportunities in history.
The short version of the story is this: Blockbuster had the opportunity to buy Netflix and didn’t. Blockbuster has since gone under and Netflix, well… you know how they turned out.
Here are 3 interesting facts about the blunder that illustrate how critical it is for business owners to recognize disruption and take steps to ensure they thrive in a climate of constant change.
Blockbuster’s CEO Didn’t Look at The Bigger Picture
Netflix CEO and co-founder Reed Hastings had tried a few
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