The $800 Million Late Fee: How an Accounting Mistake Killed Blockbuster

It wasn't Netflix that killed Blockbuster - it was a single line in a spreadsheet. Join Blake and Victoria as they uncover how an accounting decision turned $800 million in late fees from Blockbuster's greatest profit source into their death sentence. In this episode, we reveal the untold story of how Blockbuster could have bought Netflix for just $50 million, and why a simple bookkeeping choice made them say no. You'll never look at late fees the same way again.

Did you know Blockbuster was making more money from late fees than from actual movie rentals? Or that their accountants' decision to record these fees changed the entire future of streaming entertainment? Discover the fascinating butterfly effect that transformed a video rental empire into a cautionary tale of business blindness.

🎯 In this episode:

• The shocking truth behind Blockbuster's late fee strategy
• The $50 million Netflix deal that could have changed everything
• How one accounting decision can shape an entire company's future
• The real reason why Blockbuster couldn't adapt to change
• Lessons for modern businesses about the dangers of profitable mistakes

Perfect for entrepreneurs, business professionals, or anyone fascinated by how giant companies can collapse overnight. This isn't just a story about Blockbuster - it's about how success can hide the seeds of failure.

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