Tesla Model Y - Jay Leno’s Garage - YouTube
Saturday, July 11, 2020
Netflix vs. Blockbuster, the real story
Why Netflix beat Blockbuster - Vox
"When Netflix launched in 1997, it was a tiny movies-by-mail operation, run out of a storefront in a Silicon Valley stripmall. It was going up against Blockbuster, a $6 billion behemoth that owned the movie rental business.
Now Blockbuster is gone, and Netflix is a $20 billion business, one so dominant that giant companies like Disney and AT&T are remaking themselves to chase after it.
Even if you don’t know this story, you know this story: Scrappy digital upstart comes out of nowhere, topples the incumbent, and becomes unstoppable.
Except ... this one almost didn’t happen. Blockbuster, it turns out, ended up doing a very good job of fighting back against Netflix and might well have won, but it made some fundamental mistakes that ended up dooming its future."
"When Netflix launched in 1997, it was a tiny movies-by-mail operation, run out of a storefront in a Silicon Valley stripmall. It was going up against Blockbuster, a $6 billion behemoth that owned the movie rental business.
Now Blockbuster is gone, and Netflix is a $20 billion business, one so dominant that giant companies like Disney and AT&T are remaking themselves to chase after it.
Even if you don’t know this story, you know this story: Scrappy digital upstart comes out of nowhere, topples the incumbent, and becomes unstoppable.
Except ... this one almost didn’t happen. Blockbuster, it turns out, ended up doing a very good job of fighting back against Netflix and might well have won, but it made some fundamental mistakes that ended up dooming its future."
Land of the Giants - Vox podcast
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