Blockbuster Files for Bankruptcy

Thursday, September 23, 2010

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.


Jeanine Poggi

Comments [1]

dbmetzger from manhattan

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.

Sep. 24 2010 06:14 AM

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