Blockbust close to bankruptcy

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Scotsman

Mar 3, 2009 - CST 1:55 PM

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Just starting to be reported

http://www.bloomberg.com/apps/news?pid=20601081&sid=ahGJXE0HCh9o&refer=australia

EDIT: title should read 'Blockbuster'

[Post edited by Scotsman on Mar 3, 2009 - CST 1:56 PM]

steveo73

Mar 3, 2009 - CST 3:13 PM

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This is troubling...!

r-u-serious

Mar 3, 2009 - CST 3:15 PM

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To say this is troubling is a wee bit of an understatement...

bladerunner1

Mar 3, 2009 - CST 3:29 PM

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troubling indeed, but are you surprised? with netflix, and those red boxes scattered about (of which btw seem to stock fullscreen versions of movies if available, which seems "backward thinking") it was only a matter of time before the brick and mortar felt the heat. once again, and i am REALLY getting sick and tired of typing this, it's the loss of jobs here that hurts the most.

mvckalel

Mar 3, 2009 - CST 3:33 PM

says... I now own UP and Monsters, Inc. on blu-ray!!!

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Yeah, Netflix changed the rules and Blockbuster did nothing...just like CC, and here are the consequences.

Tim Raynor

Mar 3, 2009 - CST 4:04 PM

says... It puts the lotion in the basket . . .

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"Finally . . . my evil plot begins to unfold."

ReaggieP

Mar 3, 2009 - CST 9:26 PM

says... is thinking "Brick House"...

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YEAH!!!!! That will teach them for being so cocky about Blu-Ray!!!!

Sorry, that was really mean, but they deserved that. Now, Bestbuy is the next bag of pucks to go down...

[Post edited by ReaggieP on Mar 3, 2009 - CST 9:27 PM]

InvisibleBiker

Mar 4, 2009 - CST 8:15 AM

says... "It's just like Santa's workshop! Except it smells like mushrooms...and everyone looks like they wanna hurt me."
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Whats funny, is that I was just talking about this yesterday at work. I heard, that not only will Blockbuster take the NetFlix route. But I heard that they are going to introduce or already had in some places, their version of Redbox titled Bluebox.

[Post edited by InvisibleBiker on Mar 4, 2009 - CST 8:17 AM]

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