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Author Topic: Netflix’s Reed Hastings: ‘Thank God’ Blockbuster Didn’t Buy Us  (Read 30 times)

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Spam Master J

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Netflix’s Reed Hastings: ‘Thank God’ Blockbuster Didn’t Buy Us

It’s hard to imagine that 20 years ago Netflix co-founder Reed Hastings and then-CFO Barry McCarthy sat in the Dallas corporate headquarters of Blockbuster Video begging the video store giant to buy the upstart by-mail DVD rental service for $50 million. As the story goes, Blockbuster CEO John Antioco and other executives practically laughed Hastings … Continue reading "Netflix’s Reed Hastings: ‘Thank God’ Blockbuster Didn’t Buy Us"

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