After years of rumors and months of procrastination, Blockbuster has finally filed for bankruptcy, effectively reducing their debt from $1 billion to $100 million. Blockbuster announced, via press release, a �pre-arranged��bankruptcy in order to �recapitalize� and �substantially reduce its indebtedness.� Unfortunately for most stock holders, your debt caused by Blockbuster is still your own. The Chapter 11 filing reads �Under ...
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Netflix, Blockbuster and Redbox Google Search Traffic Compared from 2004 to Present Time
While the meteoric rise of Netflix isn’t so much of a surprise, the relative steadiness of Blockbuster surprised the hell out of me. While Blockbuster has surely lost droves of customers to its competitors and a considerable chunk of that search volume could be associated with unsatisfactory or negative queries (such as Blockbuster bankruptcy rumors), the big news here seems ...
Read More »Blockbuster Signs Deal With Warner Bros. to Get New Releases on Actual Release Day
For the past two months or so, Netflix has been delaying the shipment of many Warner Bros. new releases by 28 days, a new mandate installed by the production company in order to allegedly provide a better user experience. Well, Netflix users should be enraged to see that Blockbuster signed a deal that allows them to both ship to their ...
Read More »Blockbuster Cozies Up To TiVo
Blockbuster is still the largest video rental store in the country but that’s not something to be proud of. People want content in their homes as soon as possible and driving to a store and renting a physical disc just doesn’t make the cut anymore. So, in an effort to save itself, Blockbuster has scrambled and partnered with dying DVR ...
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