True and dvd's and vhs were getting less and less popular at that time.What are the worst business decisions you've ever seen?
Blockbuster passing on Netflix has to be up there.
I also like Myspace but at some point. when people change their mind, and have to change to look for offers that are more suitable for themselves.I remember reading something about Myspace during its peak passing on purchasing Facebook. In hindsight they really messed up since Facebook eventually rendered Myspace totally irrelevant lol although I preferred Myspace over Facebook so I'm sad that Myspace is dead. :[
Actually “New” Coke wasn’t as disastrous as people like to claim it was. It was selling real well and there was a huge amount of people that liked the taste. It’s how New Coke was packaged and advertised that messed things up. In fact New Coke was still being sold on shelves until 2002. It was being sold for 12 years which is rather remarkable for a “failure.”True and dvd's and vhs were getting less and less popular at that time.
In my book Coca Cola trying to rewrite the recipe with "New Coke" only to end up going back the the original recipe now called "Coca Cola Classic"