Fame can be a Curse Everyone was shocked on hearing the sudden news of Sushant Singh Rajput passing away. May his soul RIP. The rising star of the industry who was battling depression succumbed to it. Depression is no joke. Everyone knows how hard it is to take place in this industry especially when you have no contact with the industry. If a person still achieved this, you cannot doubt if the person was weak. Only a strong-willed, highly determined person can make it. Still, the disease broke him. Depression is like any other deadly disease which any person can suffer from. Many people fight cancer yet many die even while fighting, it does not mean they were weak. The same is with this disease. Studies show that highly successful are more prone to mental illness than normal people. It is because they have to constantly tackle pressures. This fame and money can be a curse for many people. Most celebrities cannot enjoy their normal lives and vacations as they have to think about their e...
Netflix could've Died
Netflix!! We all know about this company and we love it so much. Is it not keeping us alive in this lockdown? Today, I don't really think there are people unaware of this 'Online Streaming Giant'.
But back in 1998, when Netflix had just started, things weren't as they are today. People used to buy DVDs and watch them on DVD players on weekends. At that time a company named 'Blockbuster' dominated this industry.
At that time Blockbuster had 9,904 stores and had employed 84,300 people whereas Netflix was just a baby. Netflix used to mail DVDs which people could order online. You can say it like a DVD selling version of Amazon.
But still, they were online, unlike Blockbuster which had physical stores. It was difficult for a small company like Netflix to fight with such a big company and the other competitors. In the year 2000, Reed Hastings the founder of Netflix decided to offer a deal to Blockbuster. Everyone at that time expected Blockbuster to enter the online field, so before Blockbuster could reach out, Reed Hastings decided to offer a deal to merge Netflix, provided that they would handle their online tier. He demanded just $50M for selling the future. They were even ready to change the name as Blockbuster.com. But the Board Members laughed at them and sent them off. This was their biggest mistake and incapability to see the future.
And in a few years, people fell and opted for 'Video-on-demand' idea of Netflix.
In 2010 Blockbuster was filed for bankruptcy and Blockbuster died. Just think about it for a moment, one mistake, a deed of ego and ignorance, and the inability to see the future killed such a Giant within few years. Or else there would've been no Netflix and the world would've loved Blockbuster. Netflix was almost dead.
Hats off Reed.
What would you have done if you were at Blockbuster's place? Tell me in the comment section.
I hope you enjoyed it.
Curio.
I would've let blockbuster die and join Netflix 😎😂
ReplyDeletelmao :))), anyway we all love Netflix. Netflix Rockss.
DeleteNetflix is good but have you tried telegram 😂
ReplyDeletePaid vs Unpaid, huh? :) )
Delete