{"id":417,"date":"2005-10-11T11:53:17","date_gmt":"2005-10-11T15:53:17","guid":{"rendered":"http:\/\/www.bothfavorites.com\/blog\/2005\/10\/11\/blockbusters-moment-of-doh\/"},"modified":"2005-10-11T11:55:02","modified_gmt":"2005-10-11T15:55:02","slug":"blockbusters-moment-of-doh","status":"publish","type":"post","link":"https:\/\/www.bothfavorites.com\/blog\/2005\/10\/11\/blockbusters-moment-of-doh\/","title":{"rendered":"Blockbuster&#8217;s moment of &#8220;Doh!&#8221;"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.bothfavorites.com\/blog\/wp-content\/photos\/thumb_netflixblock.jpg\" width=\"119\" height=\"130\" alt=\"Netflix Blockbuster\" class=\"centered\" \/><\/p>\n<p>From a <a href=\"http:\/\/www.hackingnetflix.com\/2005\/10\/variety_blockbu.html\">former Blockbuster executive<\/a>:<\/p>\n<blockquote><p>We had the option to buy Netflix for$50 million and we didn&#8217;t do it. They were losing money. They came around a few times,&#8221; he recalls. Instead, in 2000, Blockbuster inked a 20-year exclusive video-on-demand pact with Enron as the energy conglom launched into telecom. Blockbuster canned the pact after nine months. Netflix is now worth $1.4 billion. Blockbuster\u00e2\u20ac\u2122s market cap is about $850 million.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>From a former Blockbuster executive: We had the option to buy Netflix for$50 million and we didn&#8217;t do it. They were losing money. They came around a few times,&#8221; he recalls. Instead, in 2000, Blockbuster inked a 20-year exclusive video-on-demand pact with Enron as the energy conglom launched into telecom. Blockbuster canned the pact after [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-417","post","type-post","status-publish","format-standard","hentry","category-idiotic"],"_links":{"self":[{"href":"https:\/\/www.bothfavorites.com\/blog\/wp-json\/wp\/v2\/posts\/417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bothfavorites.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bothfavorites.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bothfavorites.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bothfavorites.com\/blog\/wp-json\/wp\/v2\/comments?post=417"}],"version-history":[{"count":0,"href":"https:\/\/www.bothfavorites.com\/blog\/wp-json\/wp\/v2\/posts\/417\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bothfavorites.com\/blog\/wp-json\/wp\/v2\/media?parent=417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bothfavorites.com\/blog\/wp-json\/wp\/v2\/categories?post=417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bothfavorites.com\/blog\/wp-json\/wp\/v2\/tags?post=417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}