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One Weird Thing
Quick recap of Netflix history: In the early 2000s, Netflix CEO and co-founder Reed Hastings tried to convince Blockbuster to buy his company for roughly $50 million. Blockbuster, still a successful and ubiquitous company at that time, passed on the offer.
Then fortunes changed throughout the decade. Blockbuster filed for Chapter 11 bankruptcy protection in September 2010.
The bankruptcy meant that most Blockbuster stores closed, but not all of them. Since Blockbuster ran a franchise model, owners could choose to keep their stores running, despite the loss of a corporate partner. As of this week, only three stores remain: two in Alaska and one in Oregon.
And as Blockbuster slowly faded, Netflix grew to a market value of over $150 billion.
All right, you’re caught up.
So with that context, you can appreciate the news that the two Alaska Blockbusters announced plans to close this year, leaving one Blockbuster on Earth. Blockbuster once had over 9,000 stores.
To create a narrative bow tie for this saga, Netflix should just buy this last store. As long as it gives the franchise owner enough money to also cover the loss in sentimental value, Netflix should then film a demolition of the store and release the explosive special to subscribers.
And here are the shows and movies arriving on Netflix through the rest of this week:
- “Bonusfamiljen” (Season 2, Netflix Original)
- “Going for Gold”
- “The Joel McHale Show with Joel McHale” (Part 2, Netflix Original)
- “Amazing Interiors” (Netflix Original)
- “Dark Tourist” (Netflix Original)
- “Deep Undercover” (Collection 3)
- “Duck Duck Goose” (Netflix Film)
- “Father of the Year” (Netflix Film)
- “Fix It and Finish It” (Collection 3)
- “Home: Adventures with Tip & Oh” (Season 4, Netflix Original)
- “Jimmy: The True Story of a True Idiot” (Netflix Original)
- “Last Chance U: EMCC & Life After” (Netflix Original)
- “Last Chance U: INDY” (Part 1, Netflix Original)
- “Luna Petunia: Return to Amazia” (Season 2, Netflix Original)
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