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Blockbuster files for bankruptcy

reuters.com

11–20 of 74 posts

Re: Blockbuster files for bankruptcy

#12

And some background on the one big mistake that hastened their death by years: http://www.slate.com/id/2133995/

From the article you posted:

"Blockbuster turned down the opportunity to buy Netflix for a mere $50 million, instead entering a disastrous home-delivery deal with Enron."

Wow...

Re: Blockbuster files for bankruptcy

#13
post #2

Not to dance on someone's grave but to me this is fantastic news. When Blockbuster was the dominate player, they were quite the nasty bully. Ridiculously high late fees that were very hard to avoid. Half the time you'd return the DVD on time, but the employees wouldn't inventory it until it was too late and still hit you with a fee. A fee which they were extremely reluctant to remove. Their customer service was downr…

I agree but the creditors are the ones getting screwed now because of the way Blockbuster ran its business.

Re: Blockbuster files for bankruptcy

#17

Blockbuster Canada is unaffected by the U.S. bankruptcy and is still financially stable http://www.ctv.ca/CTVNews/Canada/20100923/bankruptcy-protect... I wonder how the US and Canada businesses diverged, maybe less competition in Canada.

There's no Hulu in Canada. Until this week (or was it last week?) there was no Netflix either. Now that we have netflix, I doubt Blockbuster Canada has long to live.

You might not believe it, but Canada is way behind the USA when it comes to the Internet, media, movies, mobile communication, and all of that. As we slowly catch up, traditional stores like Blockbuster will fail.

Re: Blockbuster files for bankruptcy

#18
post #10
post #2

Not to dance on someone's grave but to me this is fantastic news. When Blockbuster was the dominate player, they were quite the nasty bully. Ridiculously high late fees that were very hard to avoid. Half the time you'd return the DVD on time, but the employees wouldn't inventory it until it was too late and still hit you with a fee. A fee which they were extremely reluctant to remove. Their customer service was downr…

I never understood the concept of buying movies. How many times can you watch the same damn thing?

There are a lot of movies that are rent only or even watch it only if I see it on TV. But good movies (for some definition of good) are worth multiple viewings.

Re: Blockbuster files for bankruptcy

#19
post #10
post #2

Not to dance on someone's grave but to me this is fantastic news. When Blockbuster was the dominate player, they were quite the nasty bully. Ridiculously high late fees that were very hard to avoid. Half the time you'd return the DVD on time, but the employees wouldn't inventory it until it was too late and still hit you with a fee. A fee which they were extremely reluctant to remove. Their customer service was downr…

I never understood the concept of buying movies. How many times can you watch the same damn thing?

I don't know. Sometimes I just like to turn on my favorite movies as background noise. Maybe I'm just weird though.

Re: Blockbuster files for bankruptcy

#20
post #10
post #2

Not to dance on someone's grave but to me this is fantastic news. When Blockbuster was the dominate player, they were quite the nasty bully. Ridiculously high late fees that were very hard to avoid. Half the time you'd return the DVD on time, but the employees wouldn't inventory it until it was too late and still hit you with a fee. A fee which they were extremely reluctant to remove. Their customer service was downr…

I never understood the concept of buying movies. How many times can you watch the same damn thing?

That's like asking how many times you can read the same damn book.
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