Team Decision-Making: Models and Approaches

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1. 12 July 2026 · corrected by Emir Baycan

   2 corrections applied: Netflix's founders offered to sell to Blockbuster for $50 million in 2000, not September 2006. | At the time of the actual 2000 $50M offer Netflix had a few hundred thousand subscribers, not 6.3 million (which was its 2006 figure).

   What the page claimed

   In September 2006, Blockbuster... Netflix had 6.3 million subscribers and had never turned a profitable quarter. A second, separate mention later in the article's 'Real-World Case Studies' section still read: 'Blockbuster vs. Netflix (2006)'... 'the comparison of Netflix's current revenue ($1.4 billion) to Blockbuster's ($6 billion)' - the same unverified 2006 date and inconsistent revenue figures, left unfixed even though the article's opening had already been corrected.

   What was corrected

   In 2000, Blockbuster... Netflix was a small, unprofitable startup with only a few hundred thousand subscribers. Fixed the second mention in the case-studies section to read 'Blockbuster vs. Netflix (2000)' and replaced the inconsistent $1.4 billion/$6 billion revenue comparison with 'the comparison of Netflix's current size (a small, unprofitable startup with a few hundred thousand subscribers) to Blockbuster's ($6 billion in annual revenue and 9,000 stores)', consistent with the corrected 2000 date and the article's opening paragraph.

   Why: The article's opening paragraph had already been corrected to the real 2000 date and subscriber count, but a second mention later in the 'Real-World Case Studies in Team Decision Making' section still carried the unverified 2006 date and a revenue comparison ($1.4 billion, Netflix's actual 2006 figure) inconsistent with the corrected 2000 timeline. Fixed the second mention to match.

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