Some companies are buying up everything in sight in hopes of finding a tech wunderkind like Netflix. Others are combining forces with rivals to answer puzzles that have yet to be solved, writes johndstoll.
The last of the 9,000 Blockbuster Video stores that once roamed the Earth sits at 211 NE Revere Ave. in Bend, Ore., a strip-mall storefront trapped in amber right down to dot-matrix printers and computers booted up with floppy disks.
It didn’t have to end this way. Netflix Inc. offered to sell itself to Blockbuster Inc. for $50 million two decades ago. Executives pursued deals with rival rental chains like Hollywood Entertainment Corp. instead.
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