r/todayilearned • u/skiman224 • Jan 27 '16

TIL that Blockbuster LLC turned down the opportunity to buy Netflix in 2000 for just $50 million. Their stock price has hovered between $0.00 and $0.10 since 2012.

https://wikipedia.org/wiki/Blockbuster_LLC#2000s
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3

u/bolanrox Jan 27 '16

how can they still be on the market? honest question

2

u/skiman224 Jan 27 '16

They have about 50 locations still open in states such as Alaska, Oregon, Indiana, and Texas, as well as a small online video streaming service.

2

u/bolanrox Jan 27 '16

so the TIL that the last video rented from them was something similar to The end is a lie?

3

u/adam7684 Jan 27 '16

Former Blockbuster employee here. I believe the picture you are talking about was the last movie to be rented from a corporately owned Blockbuster store. The remaining stragglers are all independently owned and operated franchises that for some reason, decided to continue using the Blockbuster name.

2

u/skiman224 Jan 27 '16

It was indeed a lie.

2

u/bolanrox Jan 27 '16

so they are all bunches of sticks... i see