2min chapter

The Tim Ferriss Show cover image

#496: Marc Randolph on Building Netflix, Battling Blockbuster, Negotiating with Amazon/Bezos, and Scraping the Barnacles Off the Hull

The Tim Ferriss Show

CHAPTER

Blockbuster and the New Release Problem

Block buster can't afford to buy enough copies to satisfy every single person who wants it on day one, because their whole model is you buy at once, and then you turn it twenty or thirty times. Andoh, my dodr and you always want to compete with someone whose corps tenant is managed dissatisfaction. So all these things were fundamentally frustrating to customers. The other reason everyone said that'll never work was the fact that the d v d was digital, was a digital medium. Everyone said, well, just a matter of time months before this movie can be down loaded or streamed. But none the less, both of those were very reasonable objections about why this business would never work.

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