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Blockbuster files Chapter 11 bankruptcy
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The following comments relate to this news article:
article published on 26 September, 2010
On Thursday, Blockbuster filed for Chapter 11 bankruptcy, meaning hundreds of stores will close over the next month as the company restructures.
Through bankruptcy, the company will eliminate about $900 million in debt, leaving the company with $125 million in debt to its senior bondholders. Other bondholders have been wiped out. Blockbuster's common stock currently trades at 5 cents, ... [ read the full article ]
Please read the original article before posting your comments.
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biglo30
Senior Member
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26. September 2010 @ 23:57 |
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I'm surprised it actually took this long. The store has been shrinking and shrinking for years now but technology has now out grown them. I feel sorry for those who well be losing their jobs.
This message has been edited since posting. Last time this message was edited on 26. September 2010 @ 23:59
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AfterDawn Addict
1 product review
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27. September 2010 @ 00:04 |
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burn baby, burn!
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AfterDawn Addict
1 product review
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27. September 2010 @ 03:29 |
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It's worth noting that this is Blockbuster US only. UK is unaffected.
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AfterDawn Addict
1 product review
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27. September 2010 @ 04:28 |
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BB UK may be OK for now...but it is only a matter of time before we see Netflix.Eu
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Senior Member
2 product reviews
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27. September 2010 @ 13:36 |
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good
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elbald90
Member
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27. September 2010 @ 14:01 |
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Originally posted by Mik3h:
It's worth noting that this is Blockbuster US only. UK is unaffected.
i was just about to ask that question
This message has been edited since posting. Last time this message was edited on 27. September 2010 @ 14:01
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AfterDawn Addict
4 product reviews
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28. September 2010 @ 06:55 |
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BB refused to change with the times and refused to keep prices low. I hope they taken over by netflix....
Copyright infringement is nothing more than civil disobedience to a bad set of laws. Lets renegotiate them.
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Junior Member
1 product review
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28. September 2010 @ 11:39 |
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Netflix indeed is my favorite for now, as well as Redbox when I turn Netflix off. Charging $4.99+tax for two nights is ridiculous.
"It?s as if McGruff the Crime Dog snuck into our basement, enlisted an army of cellar rats to eat up all of our cheese, and then burned the house down when we finally locked him out ? instead of just knocking on the front door to tell us the window was open." ~Revision3 CEO Jim Louderback
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AfterDawn Addict
1 product review
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29. September 2010 @ 04:45 |
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BB prices and service suck, but the main problem is lack of selection. If you want good selection, you get netflix. If you just want convenience, you still use netflix (instant streaming), or maybe RedBox (they are everywhere, most are open 24-7). If you want a lack of convenience, a lack of selection, service worse than what you get from a box, and high prices, then you must be BB's last customer.
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ps355528
Senior Member
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29. September 2010 @ 06:42 |
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BB pulled out of this town years ago.. their old store is now a co-op funeral service.. hahahahaha
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bratcher
Senior Member
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3. October 2010 @ 07:42 |
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Blockbuster just shut down forever. I won't miss you at all because Netflix is a billion percent better!!
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AfterDawn Addict
4 product reviews
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3. October 2010 @ 07:46 |
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Originally posted by bratcher:
Blockbuster just shut down forever. I won't miss you at all because Netflix is a billion percent better!!
AS long as you are not being throttled :P
Copyright infringement is nothing more than civil disobedience to a bad set of laws. Lets renegotiate them.
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bratcher
Senior Member
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3. October 2010 @ 07:53 |
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Originally posted by ZippyDSM:
Originally posted by bratcher:
Blockbuster just shut down forever. I won't miss you at all because Netflix is a billion percent better!!
AS long as you are not being throttled :P
Well, I manage to stay under the 250GB cap that Comcast imposes on it's users.
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raven30
Newbie
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3. October 2010 @ 09:13 |
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Originally posted by biglo30:
I'm surprised it actually took this long. The store has been shrinking and shrinking for years now but technology has now out grown them. I feel sorry for those who well be losing their jobs.
I do not sorry to say that I was a shift lead for 2 years for 1 year 8 months I was the only black working there everyone else was white my manager all was told us look at the blacks when they come in they still I had a big problem with that I seen white's asians all kinds of people still out the store.The sad part is I love the work it was the best job I had.
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dablur
Newbie
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3. October 2010 @ 18:26 |
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Yeah, well when you can rent a movie for $1 at redbox or 3 at a time with netflicks or BBonline whos gonna pay 5$ to rent 1 movie anymore?
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bratcher
Senior Member
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15. October 2010 @ 18:30 |
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Guess what? Blockbuster stock is worth about a nickle on the pink sheets in the stock market. Hurry up & die a quick death Blockbuster. I'll never miss you...
I'm surprised that they still have 30 stores left in the Houston area. Nearest one is 2.37 miles from my house & I'll never shop there nor any other Blockbuster stores.
Long live Netflix!!
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Member
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22. May 2011 @ 20:37 |
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I can't wait for them to go under. Maybe then I can *finally* remove their crap app without rooting my phone.
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