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NEWS: Blockbuster's Stock Drops After Pending Bankruptcy Reports




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CaptainAvatar



Joined: 28 Aug 2006
Posts: 381
Location: Saint Louis, MO
PostPosted: Thu Sep 23, 2010 11:24 am Reply with quote
Looks like we might be down to Redbox for rentals in my town if Blockbuster (the last Brick & Mortar video rental store left) shuts down. I guess VOD and Netflix has truly taken over, although I prefer to watch my shows on DVD/Blu-Ray. I used to Netflix, but they have become really poor at getting the new anime releases in lately. Not that Blockbuster provided my anime anyway (although I did rent most of what they had on hand back in the day).
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PetrifiedJello



Joined: 11 Mar 2009
Posts: 3782
PostPosted: Thu Sep 23, 2010 11:47 am Reply with quote
News update: Blockbuster filed for Chapter 11 today.

If you need a source, Google can assist.
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Shenl742



Joined: 11 Feb 2010
Posts: 1525
PostPosted: Thu Sep 23, 2010 12:46 pm Reply with quote
All I can really say is "oh well". I live right next to a Hastings and they've always had tremendously better policies and selections then any Blockbuster I've ever been in
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chefneer



Joined: 27 Aug 2009
Posts: 1686
Location: Fort Worth, Texas
PostPosted: Thu Sep 23, 2010 3:18 pm Reply with quote
My local Blockbuster is already gone. Oh well!
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bob_loblaw



Joined: 14 Oct 2005
Posts: 229
Location: Tanning in Hell
PostPosted: Thu Sep 23, 2010 5:26 pm Reply with quote
::smh::

And to think, long ago, Blockbuster once had an opportunity to buy up Netflix while they were still in their infancy.
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jsc315



Joined: 09 Aug 2004
Posts: 925
PostPosted: Thu Sep 23, 2010 6:49 pm Reply with quote
Good riddance. I'm never one to cheer for a company to fall but this was coming for a long time now. It a matter of time before they wont even be around anymore.
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Anime Remix



Joined: 16 Dec 2009
Posts: 354
PostPosted: Thu Sep 23, 2010 7:34 pm Reply with quote
I saw that my Blockbuster is gone. =/

Oh well, all things have to end someday, right? Crying or Very sad
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agila61



Joined: 22 Feb 2009
Posts: 3213
Location: NE Ohio
PostPosted: Thu Sep 23, 2010 11:40 pm Reply with quote
Our local Blockbuster is a machine at Sheetz ~ surely those are not going to close down!

Blockbuster files for bankruptcy protection
Quote:
Troubled video-rental chain Blockbuster Inc. filed for Chapter 11 bankruptcy protection, and said it plans to keep stores and kiosks open as it reorganizes.
OK, not right away at least.

Internet killed the video store ...
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StudioToledo



Joined: 16 Aug 2006
Posts: 847
Location: Toledo, U.S.A.
PostPosted: Tue Sep 28, 2010 3:48 am Reply with quote
snl67 wrote:
Looks like we might be down to Redbox for rentals in my town if Blockbuster (the last Brick & Mortar video rental store left) shuts down. I guess VOD and Netflix has truly taken over, although I prefer to watch my shows on DVD/Blu-Ray. I used to Netflix, but they have become really poor at getting the new anime releases in lately. Not that Blockbuster provided my anime anyway (although I did rent most of what they had on hand back in the day).

There's a Blockbuster box near my house otherwise. There's still oddly plenty of video stores in the Toledo area however (probably one of the last handouts in the country).
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Xanas



Joined: 27 Aug 2007
Posts: 2058
PostPosted: Tue Sep 28, 2010 9:40 pm Reply with quote
And to believe not so very long the FTC was afraid of Blockbuster developing a monopoly in it's industry (after the fall of Blockbuster was already in motion...)
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