It could be the end of the brick-and-mortar video store era. Blockbuster, the world's largest movie rental company, filed for Chapter 11 bankruptcy in New York this morning, after a tough decade during which it failed to adapt its strategy against rivals like Netflix and Redbox. Jeanine Poggi tells us how this once revolutionary company fell so far behind.
Comments [1]
Be kind, rewind....
Blockbuster Files for Bankruptcy
Video-rental chain Blockbuster Inc. has filed for bankruptcy protection in the United States, as the company moves to refinance and cut its debt load.http://www.newslook.com/videos/252487-blockbuster-files-for-bankruptcy?autoplay=true
Leave a Comment
Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.