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.

Guests:

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.http://www.newslook.com/videos/252487-blockbuster-files-for-bankruptcy?autoplay=true

Sep. 24 2010 06:14 AM

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