Which failed retail giant turned down the opportunity to purchase Netflix for $50 million in 2000?

Before streaming dominated home entertainment, physical video rental was king. In 2000, at the height of its success, one major player in the industry had the opportunity to acquire a small DVD-by-mail startup for $50 million. This decision would go down as one of the most significant missed opportunities in retail history, as that small startup would eventually revolutionize how we consume film and television content.

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