What retail opportunity did Blockbuster famously decline in 2000 that many analysts consider its biggest strategic blunder?

Before streaming services dominated our viewing habits, Blockbuster was the undisputed king of home entertainment retail. At its peak in 2004, Blockbuster operated over 9,000 stores worldwide with more than 60,000 employees. Yet this retail giant's inability to adapt to changing consumer preferences and emerging technologies led to one of the most famous retail collapses in modern history. Test your knowledge about Blockbuster's final chapter and the retail decisions that sealed its fate.

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The chance to purchase Netflix for $50 million
A partnership with Apple to distribute digital movies through iTunes
The opportunity to buy Redbox's DVD kiosk business for $25 million
A proposed merger with Hollywood Video that would have controlled 65% of the rental market