The Worst Business Decisions of All Time

Published on 04/17/2015
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Decca Records passes on The Beatles.

In their defense, how could Decca Records know that The Beatles were about to go on to become one of the greatest music groups in the history of, well, everything? This happened before The Beatles were famous and they were trying to make their name with some sort of record label. The group got a chance to audition for Decca Records and all they got was another rejection added to their lists. An exec for Decca told the band that the era of ‘boys strumming the guitar’ was at an end and that The Beatles were not going to be financially viable for anyone. Well, the exec was wrong on both parts. The Beatles went on to sell over 2 billion records before landing themselves in the Music Hall of Fame. Not bad for a dead era, right Decca?

Decca Records passes on The Beatles

Decca Records passes on The Beatles

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NBC says ‘no thanks’ to Monday Night Football.

There are few things as popular and financially consistent as the National Football in America. Though baseball may be America’s past time, for four or five months of the year the NFL is the country’s religion. The cornerstone broadcast of the NFL has always been Monday Night Football. It is a shame that NBC didn’t know of it ahead of time. After the NFL and AFL merged together, Pete Rozelle (then NFL commissioner) wanted to get a weekly prime time game set in stone. CBS and NBC were the first places he came to in order to strike a deal, but both networks passed up on the program. According to reports, CBS and NBC didn’t want to move around their ‘big programs’ in Doris Day Show and Laugh In. ABC ended up picking up program and has since become one of the longest running, most successful broadcasts in TV history.

NBC says 'no thanks' to Monday Night Football

NBC says ‘no thanks’ to Monday Night Football

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