In 2000, Blockbuster was the king of entertainment with 9,000 stores. Netflix was a struggling startup mailing DVDs. In this episode, we revisit the infamous meeting in Dallas where Netflix offered to sell itself to Blockbuster for just $50 million.

We reveal why Blockbuster CEO John Antioco literally laughed them out of the room. You’ll learn how Blockbuster was addicted to "Late Fees" (earning $800M/year from punishing customers) and why that addiction blinded them to the streaming revolution.

We track Reed Hastings’ revenge: From the embarrassment of a $40 fine for Apollo 13 to building a global empire that changed how we consume media forever.

By the end, you’ll understand the cost of arrogance and why the most dangerous competitor is the one you think is "too small to matter."

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