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Founding Moment That Changed TV
- In 1997 Marc Randolph and Reed Hastings founded Netflix to challenge Blockbuster's rental model.
- Their idea would later upend television and the movie industry by offering vast choice at home.
Antioco's Sundance Confidence
- In January 2007 John Antioco attended Sundance as Blockbuster CEO watching indie filmmakers and parties.
- He felt confident after crafting a plan he believed would crush Netflix.
Data Power Masks Operational Fragility
- Hastings built powerful algorithms that tracked user behavior and preferences, creating a unique data advantage.
- That data supremacy felt decisive, but Netflix remained operationally fragile beneath it.