> Gets Charged 40 dollars at Blockbuster because he forgot to return a movie > Proceeds to destroy their company and bussiness model, effrctively erasing them from the map. What a madman.
When I had to cancel my Netflix subscription they refunded me everything I had paid, to the date, from the last time I streamed a video over a month ago. Good company.
Amazon is like that aswell. Say you bought prime and never used it, just asked for a refund and they got you. If you did use it sometimes they will partial refund and deduct the amount of shipping it would have cost.
That's bad ass. I was signed up with Constant Contact and left the subscription on by mistake. I didn't use it for three months and when I went to cancel it they said, "Nope...no refund." Not even a partial. Bad customer service!
Netflix was all about reproving his worth to her, because you know to this day when they get into an argument she brings up, "Yeah well, you remember when you didn't return that damn movie?"
Blockbuster could have been the Netflix of today, but they were too arrogant and refused to change and adapt to new technology. This is an important case study for all businesses to review.
cabs could have been the uber and lyft of today but they........ and ...... adapt to new technology. It is an important case study for all businesses to review. Toys R us could have been the Amazon of today but........ This is an important...........to review. I'm waiting for someone to find idiots who are willing to take starbucks out by offering coffee at reasonable prices, like Mc.D's coffee for 99cents. what else does starbucks offer? volume produced pastries at obnoxious gouging prices!!?? who is willing to offer coffee for 20% of the actual rate like uber goobers and lyft shmucks do?
It happens all the time, there are countless "case studies" to learn from. In fact I don't think it was so much Blockbuster's refusal to adapt, as much as it was them betting on their position. And we see it go the other way all the time. How many electric car companies have vanished because the gas powered vehicle industry is just too well positioned to be pushed out to the way? You could argue they are also arrogant and refuse to change and adapt to new technology and you'd be right but in their cases it has held up. Sure the ICE industry is much bigger and stronger than Blockbuster but there are similarities in their respective positions...but maybe what Blockbuster failed to account for is human laziness and cheapness. That is the most important aspect of this in my opinion, how does new technology cater to human laziness and cheapness :D
@@Gorilla_Jones bullshit? You soon found out when you realize of the cursed unsafe contents your weirdo friend access to satisfy their awfulness on youtube
@Nachtjager I buy my movies from retailers as well as a Netflix, Prime Video, HBO Max, & Shudder subscription. You seem a little upset with the name calling.
I don't think it can be understated how much impact the PS2 had on people having access to a DVD player. It's one of the MAIN reasons the DVD format became standard.
Lance H I wouldn't have made the deal with them either. Look at it from their POV. A new company comes to you for a partnership and they haven't made a profit in 3 YEARS. Meanwhile you have billions. The heads at Blockbuster couldn't have known.
Blockbuster had it's head up it's ass for so long it was addicted to it's own stink. There was more than enough data presented to the Blockbuster execs to see clearly where the market was going, they knew full and well, however they were so entrenched in their business model of blood sucking their own customers with endless fees and fines they simply didn't care. They were convinced no matter how much the public hated dealing with them, they always would because, well... they were BLOCKBUSTER.
I remember working at Blockbuster, and from the second Netflix was announced, every employee except the stooges at the top knew it was going to be a game-changer, even if we didn't know the extent of how. When they offered to sell to us, us employees but the executives celebrated. When they laughed at Netflix's offer, we face-palmed. And later when they tried to play pathetic catch-up with their own service, just just kinda laughed and rolled our eyes. We tried our best as professionals and employees, but we knew it was game over. I'm glad Netflix came out on top though. Talk about vision and foresight, something John and the executives at Blockbuster sorely lacked at the time. :)
I think this is the video that will set this channel off. It was in my recommended list and I'm so interested to hear about other companies and how I came to be. Great story telling. I subbed
Well blockbuster did fair,It wasn't that Blockbuster tought that online streming was bad,They only tought That at the Time they could win Not That they would CERTAINLY win.and Netflix wasn't as Big back Then!
I've actually been disappointed with Netflix's algorithm. I feel it hasn't been THAT good at recommending films, even though I've watched a fair bit on it.
Yeah I don't miss the new release sections but for the socializing with other people, but I do miss the old VHS and DVD sections with tons of gems in alphabetical order that don't get recommended nowadays on such platforms with a knowledgeable staff member in films from the 80s-90s.
Anyone else still nostalgic for the old days of going to Blockbuster and picking out a movie? Streaming video is better in almost every conceivable way but I still have fond memories of the local video rental stores.
We source our videos from academic history journals (this one in particular from the International Directory of Company Histories). Can't share that volume without getting the copyright police on my tail, but here's the first source I found through a quick Google search: www.fundinguniverse.com/company-histories/netflix-inc-history/
Sure thing. Source is International Directory of Company Histories, volume 115, page 353. It's an academic source that keeps detailed information on the histories of a lot (and I do mean a lot) of companies. It's very accurate and so far we haven't found a single mistake in it. Anyways, the quote from said source: "Following the September 11, 2001, terrorist attacks against the United States, the company's monthly subscription rate doubled, due as much to fearful Americans seeking refuge at home as to the dropping price of DVD players, which now could be purchased for less than $100."
Here's a link to volume 115 of that publication: www.cengage.com/search/productOverview.do?Ntt=international+directory+of+company+histories|13299140406636000662929691422023292207&N=197&Nr=197&Ntk=APG%7CP_EPI&Ntx=mode+matchallpartial You won't be able to read it though, unless you're a university student and your university has bought the license for it. Or, you could just shell out $397 for it ¯\_(ツ)_/¯
Great video, love hearing all the details about the history. The kitchen sink is hilarious!!! thanks for taking the time, subscribed and looking forward to more.
Business casual is enlightened me a lot and these days I'm watching business casual more than Netflix A great brief history of how Netflix has been commenced. 👌👏
WakeeWakee yaaaaaasssss me too! I was just outta highschool it was the best time of my life partying hooking up with super cute chicks and treating customers that deserved it like shit! Hahaha I tore up a guys membership right in front of him and told him he was banned on a Friday night with huuuuuge lines. Loved working there my mistake was taking a store manager position at Blockbuster that place suuuuuuuuuucked
Hey man I just wanted to congratulate you on both the wonderfully concise content you provided, as well as the stellar presentation in English. Well done, bravo. Subscribed.
all it takes to bring netflix to its knees.. is to have one VoD company that contains every films, every tv series, every documantry ever made, regardless whom made them ... and its not geo-blocked.
I would imagine this would cost an extreme amount of money. So extreme that no matter how big the company gets or how much money it could possibly make, it's not worth it and/or they wouldn't have or be able to acquire the capital to ever do so.
You do know that Netflix has to pay the studios for every movie they are allowed to show. That's why some movies will never be on Netflix. The studios want too much money for them.
I don't know if you were replying to me, but that was my point exactly. Some movies are way to expensive to even try and purchase the rights for, so this scenario will probably never happen.
I remember the Qwickster announcement. At the time I was very pleased with my DVD subscription and was not streaming. Suddenly the DVD rates shot up 60%. People were pissed, and Netflix apologized but didn't lower the rates. It forced many into adopt streaming and drop the DVD service. A shrewd move for them, but not so ethical.
I remember an article that said that going online was one of the worst decision Netflix had made. They like Blockbuster don't have vision. The only problem is that the internet is a wild place, their competitors are now trying to dry them out taking out their content to their own online streaming services. I hope this won't become the next cable TV.
Also, I worked at Blockbuster while all of this was happening, I couldn’t believe how blind, stupid, and stuck in the past the company was and ended up leaving just before they started falling apart
Sounds like 9/11 had a huge impact on a lot of industries. For aviation, the price of aircraft dropped significantly so a lot of bulk orders were placed by budget airlines.
No wonder Netflix feels so new to me. It started here (in Finland) 2012 and i have used it just maybe 3 years. I have watched all of Lilyhammer,House of Cards,Orange Is The New Black and Trailer Park Boys. I currently don't have Netflix subscription. Amazon Prime is just 3€ per month for 6 first months. I prefer that since i don't watch much. I'm waqtching old House episodes just now.
No but the definitely facilitated a sudden increase in it's popularity. I used to go to the video store on Friday and rent three videos (the store's rental limit) and rented them for $27 for a two night rental for the three cassettes. I could have rented them for $15 for the one night rental but I was not always able to return them by 2 P.M. on Saturday and that would have incurred a $45 late fee making the total rental $60. So I paid the extra to reduce the risk. So I only binge watched Friday nights. When Netflix came along I got a membership, canceled my video store membership and began binge watching almost twice a week and at a tiny fraction of the cost. Before I paid the $27 rental every Friday plus popcorn, soda and hot dogs totaling about $30 a week. With Netflix that changed to less than $10 a week and most of that was the popcorn, soda and hot dogs and I got to add candy. Just like a real movie theater. lol!
***** No, it didn't. Binge watching isn't anything new. The only thing Netflix "invented" in this case was that you could binge watch a complete season as soon as it came out (for a low price). As a kid I used to binge watch cartoons (when cartoon marathons would come up on TV), and in the DVD era I've binge watched complete seasons of TV shows. So, it really isn't anything new.
Your assessment is wrong. They did indeed invent binge watching in the sense that they are the first to drop whole seasons of a show all at once, instead of scheduling it weekly like in the old model, thus encouraging that habit. They also had the "next episode will start (countdown)" so we didn't have to get off our lazy couch.
At 9:35, people didn't cancel Netflix because of the stupid Qwikster name. They canceled because the subscription rates went up for the first time in a long while. Netflix was demanding more for less.
Blockbuster still hasn't learned a single thing. They are to innovation what Bill Cosby is to consent. If they could go back to 1997, they would probably a hire hitman to kill Reed Hastings. And much to their chagrin, another company would take Netflix's place and run Blockbuster out of business the same way Netflix and Redbox did. Because Blockbuster did NOT have innovation in its corporate philosophy. Netflix started out with the brilliant 3 DVDs, $16/month plan but were not complacent with that service. Just like Reed Hastings envisioned DVD as the future in 1997, he meticulously planned for streaming services. His only mistake was the short-lived Qwikster option which grew an outcry that could be heard around the world. Other than that, Netflix and Reed Hastings continues to be innovative and not just sit on their asses like Blockbuster who thought that brick-and-mortar stores would be forever until ironically they found themselves streaming movies on Netflix. Blockbuster's failure was their own. They could have bought Netflix and still be extremely profitable but they decided to merge with a scan oil company (Enron) that knew nothing about entertainment rental services. In that case, you might as well go ahead and merge with Pepboys and Chipotle too. It was very satisfying watching those over-confident corporate bastards at Blockbuster go bankrupt and lose their life savings in a shitty company they created to extort people (who just want to watch a movie) BY THE WAY OF HEFTY LATE FEES. Blockbuster's own stubborness and arrogance was their own demise and consequently so, they are now just a blast from the past.
Gamestop is massive. They tried to buy GAME UK around 2012 (GAME was once owned by 'Electronics Boutique', renamed 'Gamestation', then 'GAME'). It was sold to someone else. GAME probably makes more money out of selling the mobile phones they have showing in the window aside from any console. If Gamestop does the same and focuses on second hand game trade and gadgets, phones etc then they will be around for a long while. Digital online services such as Netflix were once in the media for getting people to sign up in city centres claiming there was no subscription (the type of promoters that usually hand out leaflets). There have been a few scams associated with Netflix over the last few months which goes to show how popular Netflix is now, eg in January www.independent.co.uk/life-style/gadgets-and-tech/news/netflix-scam-phishing-email-warning-security-help-center-a8153311.html
I think people often under sell Redbox and other DVD rental Kiosks importance in Blockbuster's demise. Also, Netflix was really helped by Sony's decision to include DVD capability in their PS2. It helped drive down the price of DVD players.
So this all began as a vendetta against Blockbuster concerning a 40 bucks late fee. Then Blockbuster tried to fuck Netflix out of the market when they proposed allying together. Then Netflix fucked back, getting the last laugh as blockbuster slowly crumbles. And they lived happily ever after, now go to bed kids, good night.
gianni sevilla I started for that reason. I wanted to rent DVDs. Didn't know they offered a streaming service but my internet sucked at the time anyways.
I have Amazon and use a family member's Hulu and Netflix. He had it for a kid and neither of them use it, been this way for years. I keep hinting he should get the commercial free version of Hulu but he won't do it. So yeah fuck Hulu!
There’s a biography out now called “that will never work” by Marc Randolf it seems he was the founder and CEO, Reed was the investor and took over later. Worth reviewing and updating content 😉
Bend, Oregon is home to the last Blockbuster Video, a family-owned franchise. Blockbuster has since been eclipsed by Family Video in number of locations.
We only got it here in Australia in 2015. Until then many people were using a VPN to get American Netflix. Which had waaaaay more content than the Aussie one. After a couple years I think we've caught up a lot but probably still pales in comparison. Visiting the video store will forever be in my 90's memories, but we still have DVD kiosks around the place
so my concern for netflix, is theres so many people who want VOD, just like cable it started flatlining because theres only so many people you can add to a subscription service, at one point there going to have a budget and there going to need to not spend over it if they want to remain relevant
Well I'm just waiting for this Channel to blow up lol. Don't worry it will soon. I think one of your videos will go viral and then it will start from there. I bet you'll get one million within a month after a viral video
Why? You miss higher prices, late fees, short rental periods, short hours, being closed on holidays and Sundays, poor selection, long lines and big clunky low quality cassette tapes? You miss having to drive to the video store to select videos instead of doing it from the comfort of your home? You miss the lines?
Netflix still owes me $10 for overcharging my credit card about 10 years ago. I tried to close my account and they would not close it. I'm sure that they screwed many like that. Anyone is interested in a class action suit? $$$$$$$
> Gets Charged 40 dollars at Blockbuster because he forgot to return a movie
> Proceeds to destroy their company and bussiness model, effrctively erasing them from the map.
What a madman.
piluex2 I would do the fucking same thing. Fucking maggots a 40$ late fee even if it isn't true Ballbusters late fees were insane.
Boss s***
Thug Life
r/nuclearrevenge
This should be a Netflix original
When I had to cancel my Netflix subscription they refunded me everything I had paid, to the date, from the last time I streamed a video over a month ago. Good company.
rentacow why? was there a reason you actually got a refund
I hadn't used the service for over a month but had paid the subscription, so they refunded me the time.
Cool.
Amazon is like that aswell. Say you bought prime and never used it, just asked for a refund and they got you. If you did use it sometimes they will partial refund and deduct the amount of shipping it would have cost.
That's bad ass. I was signed up with Constant Contact and left the subscription on by mistake. I didn't use it for three months and when I went to cancel it they said, "Nope...no refund." Not even a partial. Bad customer service!
So in 1997 he was a millionaire but too embarrassed to tell his wife that he was due 40$ for late return, sounds true to me.
Yeah, that story does reek of bull shit. Although the part about bad customer service policies and fine print fees does ring true.
avtii during the dotcom bubble every startup had to have some bullshit origin story.
Netflix was all about reproving his worth to her, because you know to this day when they get into an argument she brings up, "Yeah well, you remember when you didn't return that damn movie?"
While unlikely, it does make a point which many people forget: rich people aren't stingy because they're rich, they're rich because they're stingy.
avtii $40*
Blockbuster could have been the Netflix of today, but they were too arrogant and refused to change and adapt to new technology. This is an important case study for all businesses to review.
cabs could have been the uber and lyft of today but they........ and ...... adapt to new technology. It is an important case study for all businesses to review. Toys R us could have been the Amazon of today but........ This is an important...........to review. I'm waiting for someone to find idiots who are willing to take starbucks out by offering coffee at reasonable prices, like Mc.D's coffee for 99cents. what else does starbucks offer? volume produced pastries at obnoxious gouging prices!!?? who is willing to offer coffee for 20% of the actual rate like uber goobers and lyft shmucks do?
It happens all the time, there are countless "case studies" to learn from. In fact I don't think it was so much Blockbuster's refusal to adapt, as much as it was them betting on their position. And we see it go the other way all the time. How many electric car companies have vanished because the gas powered vehicle industry is just too well positioned to be pushed out to the way? You could argue they are also arrogant and refuse to change and adapt to new technology and you'd be right but in their cases it has held up.
Sure the ICE industry is much bigger and stronger than Blockbuster but there are similarities in their respective positions...but maybe what Blockbuster failed to account for is human laziness and cheapness.
That is the most important aspect of this in my opinion, how does new technology cater to human laziness and cheapness :D
Selling a service that removes part of your income (late fees) probably did not sound great to them at the time.
Blockbuster had the chance to buy Netflix but turned down the offer and the rest is history.
Apple Aya That makes sense. I feel like that’s a fair perspective.
I find myself watching more UA-cam than Netflix.
That will change soon with this assinine child protection bullshit.
Well you're not a movie fan.
@@Gorilla_Jones bullshit? You soon found out when you realize of the cursed unsafe contents your weirdo friend access to satisfy their awfulness on youtube
True!
@Nachtjager I buy my movies from retailers as well as a Netflix, Prime Video, HBO Max, & Shudder subscription. You seem a little upset with the name calling.
I don't think it can be understated how much impact the PS2 had on people having access to a DVD player. It's one of the MAIN reasons the DVD format became standard.
Just imagine being in 57 million worth of debt and still thinking its a good idea; that's the mental toughness I long for
Netflix and other streaming video helped drive the nails into the coffin of that arrogant business called Blockbuster. Outstanding!
Netflix was losing millions of dollars every year at the time, to be fair.
Lance H I wouldn't have made the deal with them either. Look at it from their POV.
A new company comes to you for a partnership and they haven't made a profit in 3 YEARS. Meanwhile you have billions. The heads at Blockbuster couldn't have known.
Blockbuster had it's head up it's ass for so long it was addicted to it's own stink. There was more than enough data presented to the Blockbuster execs to see clearly where the market was going, they knew full and well, however they were so entrenched in their business model of blood sucking their own customers with endless fees and fines they simply didn't care. They were convinced no matter how much the public hated dealing with them, they always would because, well... they were BLOCKBUSTER.
Poochie Collins it wasn't streaming video back then.
the path to business being done online is littered by giants at the time who could not see that digital was the future.
I remember working at Blockbuster, and from the second Netflix was announced, every employee except the stooges at the top knew it was going to be a game-changer, even if we didn't know the extent of how. When they offered to sell to us, us employees but the executives celebrated. When they laughed at Netflix's offer, we face-palmed. And later when they tried to play pathetic catch-up with their own service, just just kinda laughed and rolled our eyes. We tried our best as professionals and employees, but we knew it was game over. I'm glad Netflix came out on top though. Talk about vision and foresight, something John and the executives at Blockbuster sorely lacked at the time. :)
Blockbuster is really angry.
Who is Blockbuster?
Sounds like one of those retro games people used to play before color was invented.
To this day it's still kicking itself in its corporate ass repeating over and over "Why the fuck didn't I buy Netflix?"
There are a few Blockbuster locations still opened.
PainandMotivation the only place blockbusters exist is in Alaska 🤣
"Minnesota, locally known as Canada Lite" lol!
I think this is the video that will set this channel off. It was in my recommended list and I'm so interested to hear about other companies and how I came to be. Great story telling. I subbed
Business Casual is my life.
Leah Whysall OK ?
0:58
I don't know why this is getting upvotes, but you're beautiful.
THATS REALLY SAD LEAH
Poochie Collins the code at :58 stated to comment "business casual is my life"
you do VERY GOOD research man. I am curious as to your process??
weve had video on demand since the 90s.
piratebay, Mirc, etc revolutionized the world, not netflix..
i love netflix, dont get me wrong.
Ilike Analpoopoo netflix did it legally though.
99% of people aren't going to, or don't want to, or didn't know how to use those tho.
So a $40 late fee, combined with a single poor business decision, cost Blockbuster everything.
Well blockbuster did fair,It wasn't that Blockbuster tought that online streming was bad,They only tought That at the Time they could win Not That they would CERTAINLY win.and Netflix wasn't as Big back Then!
I've actually been disappointed with Netflix's algorithm. I feel it hasn't been THAT good at recommending films, even though I've watched a fair bit on it.
Маркус I watch one cartoon, get 12 animes. 🤔
Маркус same here, I wish the rating system was better!
Ana Lerdo well i know it could be better but my recomendstion is ok for now
Yeah I don't miss the new release sections but for the socializing with other people, but I do miss the old VHS and DVD sections with tons of gems in alphabetical order that don't get recommended nowadays on such platforms with a knowledgeable staff member in films from the 80s-90s.
Very good, informative summary, and with enough criticism of Netflix that you don't appear to be shilling for them. Not just a puff piece. Thank you.
Please I MUST find the cute dogs gif at 3:34, it's a life-death situation
did u find it?
Anyone else still nostalgic for the old days of going to Blockbuster and picking out a movie? Streaming video is better in almost every conceivable way but I still have fond memories of the local video rental stores.
The "$40 late fee" has been reported as being a myth created by Netflix's marketing department.
Thank you for doing all this work.
Me, years ago: Blockbuster? Screw that!
(a few years later)
wait what where'd it go
It's awesome that I can go to channel 370 on DISH and go straight to Netflix. That really increased my viewing of the service.
Can we get Business Casual on Netflix? I spent my entire day binge watching your videos!
Today there is only one Blockbuster left in the entire world. It is in Bend, Oregon.
That one has closed also. Blockbuster is now extinct
@@servantkingtv2821 I find no source
The 9/11 -> Americans staying at home -> Netflix subscriptions sounds like an outrageous claim. Do you have anything to support that?
We source our videos from academic history journals (this one in particular from the International Directory of Company Histories). Can't share that volume without getting the copyright police on my tail, but here's the first source I found through a quick Google search: www.fundinguniverse.com/company-histories/netflix-inc-history/
Could you describe the true source to us then? Another website that regurgitates the same info does not qualify it as a source.
You could cite your source more specifically, so that people with access to that journal could look it up.
Sure thing. Source is International Directory of Company Histories, volume 115, page 353. It's an academic source that keeps detailed information on the histories of a lot (and I do mean a lot) of companies. It's very accurate and so far we haven't found a single mistake in it. Anyways, the quote from said source:
"Following the September 11, 2001, terrorist attacks against the United States, the company's monthly subscription rate doubled, due as much to fearful Americans seeking refuge at home as to the dropping price of DVD players, which now could be purchased for less than $100."
Here's a link to volume 115 of that publication: www.cengage.com/search/productOverview.do?Ntt=international+directory+of+company+histories|13299140406636000662929691422023292207&N=197&Nr=197&Ntk=APG%7CP_EPI&Ntx=mode+matchallpartial
You won't be able to read it though, unless you're a university student and your university has bought the license for it. Or, you could just shell out $397 for it ¯\_(ツ)_/¯
Love this kid's voice> Appears very intelligent and knows how to keep the commentary moving and relevant . . . outstanding!
I watch both Netflix and UA-cam! I’ve learned to cook a lot through UA-cam
These early Internet company pioneers really inspire me.
And I like this series on business history; I've subscribed!
What is the name of the background music? Love it!!
It doesn't have a name yet I think. We have an in-house composer, Matt Reinhart! You can find all of his music on our Patreon page.
this video just shows how a simple problem can be solved and help many others
Now I just go to where blockbuster used to be & grab some Chinese takeout & go home for some Netflix & chill
Fernando Arredondo
Lol.
I worked at Blockbuster and now that location is a liquor store.
Great video, love hearing all the details about the history. The kitchen sink is hilarious!!! thanks for taking the time, subscribed and looking forward to more.
Programming *cough* I mean Business Casual is my life!
Business casual is enlightened me a lot and these days I'm watching business casual more than Netflix A great brief history of how Netflix has been commenced. 👌👏
"block buster throw everything in the kitchen but the sink"
they send them a sink
Wow, great video. I predict much success for this channel. Keep up the good work!
I used to work at Hollywood Video. That was a pretty fun job.
WakeeWakee yaaaaaasssss me too! I was just outta highschool it was the best time of my life partying hooking up with super cute chicks and treating customers that deserved it like shit! Hahaha I tore up a guys membership right in front of him and told him he was banned on a Friday night with huuuuuge lines. Loved working there my mistake was taking a store manager position at Blockbuster that place suuuuuuuuuucked
WakeeWakee Hollywood video was way better than Blockbuster. My family and I would go there all the time to rent movies.
Brandon Kirkwood wow you sound like a major tool
It's 2020 now, and Netflix is the king!
you forgot to include Redbox into the equation
Netflix has incredible brand loyalty. As long as they stay innovative they won't be goong anywhere anytime soon.
Who remembers Hollywood Videos?
Hollywood Videos was the shit.
Allie Maricru Hollywood Video was way better than Blockbuster.
it's amazing when you look at the history of tech how short cited companies are it happens over and over again
I love the intro "Hello I'm watching UA-cam" what's a video?
Hey man I just wanted to congratulate you on both the wonderfully concise content you provided, as well as the stellar presentation in English. Well done, bravo. Subscribed.
all it takes to bring netflix to its knees.. is to have one VoD company that contains every films, every tv series, every documantry ever made, regardless whom made them ...
and its not geo-blocked.
Good luck with that
I would imagine this would cost an extreme amount of money. So extreme that no matter how big the company gets or how much money it could possibly make, it's not worth it and/or they wouldn't have or be able to acquire the capital to ever do so.
You do know that Netflix has to pay the studios for every movie they are allowed to show. That's why some movies will never be on Netflix. The studios want too much money for them.
I don't know if you were replying to me, but that was my point exactly. Some movies are way to expensive to even try and purchase the rights for, so this scenario will probably never happen.
with 83 millions subs = 664mil per month I think everyone else is already late.
I remember the Qwickster announcement. At the time I was very pleased with my DVD subscription and was not streaming. Suddenly the DVD rates shot up 60%. People were pissed, and Netflix apologized but didn't lower the rates. It forced many into adopt streaming and drop the DVD service. A shrewd move for them, but not so ethical.
1:03 "Debugging tools for Unix operating systems" shows a screenshot of Windows..
Yet another brilliant video! this channel is a real gem! "Did I just walk into a jewel box?!"
Nice subliminal message at 6:12. (might need to go to 6:09 and pause around 6:12 to see it)
It is so fast. What does it say?
Craig Dillon 1Mil subs for his channel
Thekillerbeats i dont see 1 mil subscribes yet 🤔
I remember an article that said that going online was one of the worst decision Netflix had made. They like Blockbuster don't have vision.
The only problem is that the internet is a wild place, their competitors are now trying to dry them out taking out their content to their own online streaming services. I hope this won't become the next cable TV.
Also, I worked at Blockbuster while all of this was happening, I couldn’t believe how blind, stupid, and stuck in the past the company was and ended up leaving just before they started falling apart
Every single one of your videos is brilliant and worth watching. Keep it up!
Sounds like 9/11 had a huge impact on a lot of industries. For aviation, the price of aircraft dropped significantly so a lot of bulk orders were placed by budget airlines.
No wonder Netflix feels so new to me. It started here (in Finland) 2012 and i have used it just maybe 3 years. I have watched all of Lilyhammer,House of Cards,Orange Is The New Black and Trailer Park Boys. I currently don't have Netflix subscription. Amazon Prime is just 3€ per month for 6 first months. I prefer that since i don't watch much. I'm waqtching old House episodes just now.
Netflix didn't exactly invent binge watching though it isn't a new concept.
No but the definitely facilitated a sudden increase in it's popularity. I used to go to the video store on Friday and rent three videos (the store's rental limit) and rented them for $27 for a two night rental for the three cassettes. I could have rented them for $15 for the one night rental but I was not always able to return them by 2 P.M. on Saturday and that would have incurred a $45 late fee making the total rental $60. So I paid the extra to reduce the risk. So I only binge watched Friday nights. When Netflix came along I got a membership, canceled my video store membership and began binge watching almost twice a week and at a tiny fraction of the cost. Before I paid the $27 rental every Friday plus popcorn, soda and hot dogs totaling about $30 a week. With Netflix that changed to less than $10 a week and most of that was the popcorn, soda and hot dogs and I got to add candy. Just like a real movie theater. lol!
nunya biznez
Wow, never knew that the video store was so expensive.
***** No, it didn't. Binge watching isn't anything new.
The only thing Netflix "invented" in this case was that you could binge watch a complete season as soon as it came out (for a low price).
As a kid I used to binge watch cartoons (when cartoon marathons would come up on TV), and in the DVD era I've binge watched complete seasons of TV shows. So, it really isn't anything new.
Those were dark times my friend...
Your assessment is wrong. They did indeed invent binge watching in the sense that they are the first to drop whole seasons of a show all at once, instead of scheduling it weekly like in the old model, thus encouraging that habit. They also had the "next episode will start (countdown)" so we didn't have to get off our lazy couch.
Imagine... the last Blockbuster store now is in Bend, Oregon, and people go there to take pictures like it's a tourist attraction.
i love your content !
How is this channel not at 1 million subscribers yet?
I bet Block Buster regret charging him $40, this motivated him to invent something to destroy them.
The “wasted” at 7:30 is sending me
At 9:35, people didn't cancel Netflix because of the stupid Qwikster name. They canceled because the subscription rates went up for the first time in a long while. Netflix was demanding more for less.
Oh. Ok
Too good and absolutely thrilling content .
Thanks for making it
Blockbuster still hasn't learned a single thing. They are to innovation what Bill Cosby is to consent. If they could go back to 1997, they would probably a hire hitman to kill Reed Hastings. And much to their chagrin, another company would take Netflix's place and run Blockbuster out of business the same way Netflix and Redbox did. Because Blockbuster did NOT have innovation in its corporate philosophy. Netflix started out with the brilliant 3 DVDs, $16/month plan but were not complacent with that service. Just like Reed Hastings envisioned DVD as the future in 1997, he meticulously planned for streaming services. His only mistake was the short-lived Qwikster option which grew an outcry that could be heard around the world. Other than that, Netflix and Reed Hastings continues to be innovative and not just sit on their asses like Blockbuster who thought that brick-and-mortar stores would be forever until ironically they found themselves streaming movies on Netflix. Blockbuster's failure was their own. They could have bought Netflix and still be extremely profitable but they decided to merge with a scan oil company (Enron) that knew nothing about entertainment rental services. In that case, you might as well go ahead and merge with Pepboys and Chipotle too. It was very satisfying watching those over-confident corporate bastards at Blockbuster go bankrupt and lose their life savings in a shitty company they created to extort people (who just want to watch a movie) BY THE WAY OF HEFTY LATE FEES. Blockbuster's own stubborness and arrogance was their own demise and consequently so, they are now just a blast from the past.
Digital content streaming as we know NOW was conceptualised and Pioneered by Mr Hastings of NETFLIX ...that itself is an outstanding achievement..
I'm glad greedy companies gp out of business. I hope gamestop is next.
Gamestop and GAME, both are equally terrible.
Gamestop is massive. They tried to buy GAME UK around 2012 (GAME was once owned by 'Electronics Boutique', renamed 'Gamestation', then 'GAME'). It was sold to someone else. GAME probably makes more money out of selling the mobile phones they have showing in the window aside from any console. If Gamestop does the same and focuses on second hand game trade and gadgets, phones etc then they will be around for a long while.
Digital online services such as Netflix were once in the media for getting people to sign up in city centres claiming there was no subscription (the type of promoters that usually hand out leaflets). There have been a few scams associated with Netflix over the last few months which goes to show how popular Netflix is now, eg in January www.independent.co.uk/life-style/gadgets-and-tech/news/netflix-scam-phishing-email-warning-security-help-center-a8153311.html
Amazon Needs to take Note... I Hate that Company... Killed All the "Mom and Pop" stores
I HOPE COMCAST is NEXT EXTREMELY GREEDY Company
I think people often under sell Redbox and other DVD rental Kiosks importance in Blockbuster's demise. Also, Netflix was really helped by Sony's decision to include DVD capability in their PS2. It helped drive down the price of DVD players.
Watching films on your phone or even laptop is shameful behavior.
Laptops aren't the worst thing to watch a movie on
NorthSea0il how? I can't pick up my tv and move around and I can't afford a laptop.
Your to stuck in nostalgia
Wow I LOVED this. This was a great utilization of presentation and energy . Yall have earned a subscriber here XD.
So this all began as a vendetta against Blockbuster concerning a 40 bucks late fee. Then Blockbuster tried to fuck Netflix out of the market when they proposed allying together. Then Netflix fucked back, getting the last laugh as blockbuster slowly crumbles. And they lived happily ever after, now go to bed kids, good night.
Oh and i forgot, and they attempted to fuck each other multiple other times, including throwing the kitchen sink at each other
I just clicked on this video to make a comment. I AM GLAD THAT BLOCKBUSTER IS OUT OF BUSINESS! GOOD RIDDANCE!
NETFLIX IS THE BEST THING THAT HAS EVER HAPPENED TO THE PHILIPPINES. THANK YOU.
Ah, the good ol' days of Business Casual
Business Casual is my life
Hey I’m in the hospital rn and these are making me v happy
great company, great video.
Lots of praise for Netflix and new sub right here.
I love Netflix and Fuck Hulu.
Use protection or you might get hulu pregnant.
JackSmithPokerSmith I don't think Hulu deserves an offspring.
Noah Willson I have Netflix Hulu and Amazon but I like Netflix the most because I had them since they were shipping DVDs to my house.
gianni sevilla I started for that reason. I wanted to rent DVDs. Didn't know they offered a streaming service but my internet sucked at the time anyways.
I have Amazon and use a family member's Hulu and Netflix.
He had it for a kid and neither of them use it, been this way for years.
I keep hinting he should get the commercial free version of Hulu but he won't do it. So yeah fuck Hulu!
Chewing Gum is the absolute funniest show on Netflix... I literally SCREAMED during every single episode of BOTH seasons.. I need more and soon
Im too cheap for netflix... putlocker is my plug
psst... use Kodi
Use yesmovies!
Marco Mark Productions use Pirate Bay
I use showbox
You're butt plug, lol
I found this channel recently and loving these videos! Keep it up!
There’s a biography out now called “that will never work” by Marc Randolf it seems he was the founder and CEO, Reed was the investor and took over later. Worth reviewing and updating content 😉
I've been binge watching this channel wow.
"LOL"
-Netflix
Bend, Oregon is home to the last Blockbuster Video, a family-owned franchise. Blockbuster has since been eclipsed by Family Video in number of locations.
What? No mention of original Marvel content on Netflix deal?
That's not really that important. They mentioned aquiring Disney stuff, and Marvel is Disney now.
We only got it here in Australia in 2015. Until then many people were using a VPN to get American Netflix. Which had waaaaay more content than the Aussie one. After a couple years I think we've caught up a lot but probably still pales in comparison. Visiting the video store will forever be in my 90's memories, but we still have DVD kiosks around the place
Name of the background music? Is it on a streaming service. It was a delight to listen to
man, looks like blockbuster got blockbusted.
Yes
so my concern for netflix, is theres so many people who want VOD, just like cable it started flatlining because theres only so many people you can add to a subscription service, at one point there going to have a budget and there going to need to not spend over it if they want to remain relevant
Well I'm just waiting for this Channel to blow up lol. Don't worry it will soon. I think one of your videos will go viral and then it will start from there. I bet you'll get one million within a month after a viral video
Awesome video.
I miss blockbuster
Why? You miss higher prices, late fees, short rental periods, short hours, being closed on holidays and Sundays, poor selection, long lines and big clunky low quality cassette tapes? You miss having to drive to the video store to select videos instead of doing it from the comfort of your home? You miss the lines?
God Dam dude lol yes I miss it all!
Charles Surber
Wanna buy a blue ray
nunya biznez what lines?
Charles Surber so do i
Netflix still never has a particular movie i want to watch.
Q my vids are better, why you blackballin me? Put Alfred on Worldstar
Text to speech is awful. Hire someone to voice your videos cuz no way I'm sitting through that shit.
Khusuke I HATE the Microsoft sam voices! Fucking infuriating.
Super polished content man your going to blow up
Netflix still owes me $10 for overcharging my credit card about 10 years ago. I tried to close my account and they would not close it. I'm sure that they screwed many like that. Anyone is interested in a class action suit? $$$$$$$
Going to Blockbuster, every Friday was part of mine and hubby's low key date night, but those damn late fees were the killer.
6:12 Saw what you did there. Soon...
Blockbuster actually still exists in a lot of areas. I go there a lot myself now.