Loss in terms of money or efforts. Could be recent or ancient.

    • visak@lemmy.world
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      1 year ago

      That one really wasn’t as obvious at the time. Netflix was in huge debt and hadn’t really built their streaming platform yet. In fact streaming was barely possible. Blockbuster should have been able to out-compete Netflix at both dvd by mail and streaming but they screwed it up. Netflix won, but may now end up getting killed by the big studios.

      • CanadaPlus@lemmy.sdf.org
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        1 year ago

        That one really wasn’t as obvious at the time.

        It never is, that’s how the investment market works. Blockbuster thought it was still ludicrously high for an ailing niche competitor. That’s arguable, but I don’t think anyone could guarantee Netflix was actually going to achieve their (at the time very sci-fi) vision.