ICYMI: Blockbuster explores crypto and NFT, plans to offer entertainment services based on 'metaversal experiences' NFTs
Blockbuster, which once owned more than 9,000 brick-and-mortar stores, became a giant of the VHS rental market in the 1990s. In 2000, the company raked in $800 million from late fees alone, with its valuation reaching a total of billions of dollars. During the same year, Netflix CEO Reed Hastings offered Blockbuster a partnership to expand the latter's online presence, but he was reportedly"laughed out of the room.
It is now owned by satellite TV company Dish Network, which recently announced a partnership with Cardano developer Input Output. The last remaining Blockbuster store in Bend, Oregon, became a major tourist attraction in recent years, rising to international recognition.
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