Blockbuster Bankruptcy: A Decade of Decline

Months ago, the mere mention of bankruptcy in an article about Blockbuster would provoke seething responses from company reps. On more than one occasion, I received fuming messages from Blockbuster about how bankruptcy was a “worst-case scenario” that was nothing more than “a last resort.”

Now the worst case scenario has arrived. Rumors of Chapter 11 began to bubble in August, and Bloomberg reports that Blockbuster will file for bankruptcy Thursday. (And it’s now officially initiatedpre-arranged” Chapter 11 proceedings.)

Link for the timeline of Blockbuster’s demise.

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About bookmole
I am pro-choice. You make yours, I'll make mine, okay?

2 Responses to Blockbuster Bankruptcy: A Decade of Decline

    • bookmole says:

      Thanks for that link – I love how BB kept saying “It’s nothing to do with Netflix”… really? We have I Love Film here, but we watch so few films it’s really not worth it for us. We tend to buy the ones we like and watch them again and again and again…

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