Netflix’s $82.7 billion rags-to-riches story: How the a DVD-by-mail company swallowed Hollywood
via fortune.com
Short excerpt below. Read at the original source.
It’s a story so good it could have been a screenplay. In 2000, Reed Hastings and Marc Randolph sat down across from John Antioco, then CEO of video rental giant Blockbuster, and pitched him on acquiring their still unprofitable DVD-by-mail startup, Netflix, which at the time had around 300,000 subscribers. But when they told him […]