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Internet TV has been a money-spinner for entertainment streaming giant
Thursday 30 Mar 2017 Author: Steven Frazer

This is the amount of value created by streaming movies and TV service Netflix in the 15 years since its $6.4bn IPO in 2002. Today it is worth $61.1bn.

Bear in mind the old videos rentals business Blockbuster turned down the chance to buy Netflix just months before the latter joined Nasdaq, a gobsmacking mistake costing that company the ultimate price – Blockbuster has since gone bust. (SF)

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