Blockbuster Close To Bankruptcy

[key2win]

It has been rumored for a few years now, but Blockbuster is close to filing for bankruptcy. 2 years ago Blockbuster was going to buy Circuit City in an attempt to save both stores, but Circuit City went under. Over the years Blockbuster had to compete with Netflix and Gamefly, both which take majority of their customers and sales.

http://finance.yahoo.com/family-home/article/109097/bankruptcy-is-blockbusters-only-hope

[FrankMcdee]

yeah they went out of business here.. between on demand movies and red box in this area.... noone really goes to blockbuster

[jsab4807]

I saw a Blockbuster 'red box' setup at Sheetz last night....$1 movies.

[FrankMcdee]

yup.. thats where we go.... even better than the 3 dollar on demand movies

[Sports Collector]

1 blockbuster closed near me, but there are still several close by

Problem with Blockbuster is they aren't creative or innovative.

That's why Red Box and Netflix have taken over

[jsab4807]

yup.. thats where we go.... even better than the 3 dollar on demand movies

Same here...I haven't stepped foot into a movie store in a LONG time because of Red Box.

But that was the first non Red-Box $1 movie rental 'portal' I've seen before....guess Blockbuster wants to copy red box and hope to at least keep some business?

[Sports Collector]

Same here...I haven't stepped foot into a movie store in a LONG time because of Red Box.

But that was the first non Red-Box $1 movie rental 'portal' I've seen before....guess Blockbuster wants to copy red box and hope to at least keep some business?

Way to be innovative Block Buster

[tiger tiger]

video stores are going be a thing of the past within the next 10-15 years. It'll all be online.

[JesRey]

They can thank Netflix....

I miss my netflix, i need a job so i can get it again. I use to only go to Blockbuster to buy movies 4 for $20

[FrankMcdee]

Same here...I haven't stepped foot into a movie store in a LONG time because of Red Box.

But that was the first non Red-Box $1 movie rental 'portal' I've seen before....guess Blockbuster wants to copy red box and hope to at least keep some business?

They have to do something? They have a ton of inventory that they arent using in stores... they can get no return on it at all unless they copy the competition.. I am sure hoping the brand name will help them compete or excede red box..

[jsab4807]

They have to do something? They have a ton of inventory that they arent using in stores... they can get no return on it at all unless they copy the competition.. I am sure hoping the brand name will help them compete or excede red box..

Not sure why the brand name would really help, in terms of movies. All movies are the same quality.

Red Box is (IMO) a bigger brand name than Blockbuster anymore....only way Blockbuster can take them over now is if they throw Blu-Rays or video games in their portals.