In 2004, Blockbuster Video had almost 10,000 stores open worldwide, about 4500 of which were in the US. Its stock traded at around $15 and it reported $6.1 billion in total revenue.

Imagine telling someone at that time that the company would be bankrupt by the end of the decade and almost completely scoured from the globe within 15 years.

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@noelle Having worked there during that time, I was completely unsurprised. They tried to compete with Netflix with Blockbuster Online (a dvd mailer service), restructuring late fees (and saying publicly that they ditched them) but it was already too late.

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