Re: Blockbuster Video Files for Bankruptcy . . . final
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Joined: Jan 2002
Posts: 1,460 Likes: 6
connoisseur
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connoisseur
Joined: Jan 2002
Posts: 1,460 Likes: 6 |
The bankruptcy affects the US Blockbuster only if memory serves
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Re: Blockbuster Video Files for Bankruptcy . . . final
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Joined: Dec 2003
Posts: 10,420
shareholder in the making
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shareholder in the making
Joined: Dec 2003
Posts: 10,420 |
That would be the usual situation, hadn't had a chance to look into it though. It wouldn't surprise me if the Canadian side went down too.
Jason M80 v2 VP160 v3 QS8 v2 PB13 Ultra Denon 3808 Samsung 85" Q70
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Re: Blockbuster Video Files for Bankruptcy . . . final
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Joined: Jun 2007
Posts: 4,357
connoisseur
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connoisseur
Joined: Jun 2007
Posts: 4,357 |
Any time the "big player" goes down, it's a good thing! You're an anarchist, aren't you? Yeppers, buddy . I also like to think that MY reasoning and rationale comes into play before my core conviction . With that said, I remember the days when my friends and family would rent movies from across town at Ted's Place (mom and pop shop). That never happens, as virtually everyone I know goes to Walletbuster. They are literally 5 minutes down the road from me and I won't deal with them; the same goes for Wally World. They're right around the corner and I won't set wheel in that place. Viva la revolution!
The only reasonable argument for owning a gun is to protect yourself from the police.
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Re: Blockbuster Video Files for Bankruptcy . . . final
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Joined: Apr 2003
Posts: 16,441
shareholder in the making
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shareholder in the making
Joined: Apr 2003
Posts: 16,441 |
I don't set foot in any rental place anymore. I let the postal service and or internet provider burn the carbon getting movies to me.
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Re: Blockbuster Video Files for Bankruptcy . . . final
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Joined: Jun 2007
Posts: 4,357
connoisseur
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connoisseur
Joined: Jun 2007
Posts: 4,357 |
The only reasonable argument for owning a gun is to protect yourself from the police.
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Re: Blockbuster Video Files for Bankruptcy . . . final
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Joined: Mar 2008
Posts: 89
old hand
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old hand
Joined: Mar 2008
Posts: 89 |
Blockbuster US is still operating. They are in Chapter 11 bankruptcy which means that shareholders, vendors and some debt holders are going to take a bath. The new owners, who are some of the former debt holders, will be restructuring the business. After shedding most of their debt and rationalizing their stores Blockbuster US may be a viable business. In Canada the situation is a little different (for now): http://www.cbc.ca/fp/story/2010/09/23/3570473.htmlPersonally, if Blockbuster Canada were to disappear I would miss them very much. You can't get new Blu-ray releases nearly as quickly from Zip.
Last edited by Dundas; 09/24/10 09:42 PM.
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Re: Blockbuster Video Files for Bankruptcy . . . final
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Joined: Feb 2005
Posts: 5,210
axiomite
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axiomite
Joined: Feb 2005
Posts: 5,210 |
Hopefully the bankruptcy and reorganization makes them a better company, Although I use Netflix 90% of the time I like having choices, and the more competitors in the market will keep the prices of rentals down. I'm with you on this one Michael.
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Re: Blockbuster Video Files for Bankruptcy . . . final
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Joined: Dec 2007
Posts: 7,786
axiomite
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axiomite
Joined: Dec 2007
Posts: 7,786 |
Instead of leading the video rental market, they sat idle with their brick & mortar stores until someone else did something better (Netflix) and then entered that game way too late. This happens to a lot of leading companies in declining industries or market segments. IBM, which has pulled itself from the brink twice, is the exception.
Fred
------- Blujays1: Spending Fred's money one bottle at a time, no two... Oh crap!
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Re: Blockbuster Video Files for Bankruptcy . . . final
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Joined: Aug 2009
Posts: 6,015
axiomite
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axiomite
Joined: Aug 2009
Posts: 6,015 |
IB who? Today, they exist, but all I've seen them produce is some expensive servers (glorified pc boxes) and a repository for almost every data base software under the sun.
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Re: Blockbuster Video Files for Bankruptcy . . . final
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Joined: Mar 2008
Posts: 89
old hand
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old hand
Joined: Mar 2008
Posts: 89 |
IB who? Today, they exist, but all I've seen them produce is some expensive servers (glorified pc boxes) and a repository for almost every data base software under the sun.
IBM in 2009 had revenues of $95.8 billion and a pre-tax profit of $18.1 billion (their highest ever). Just because they don't sell consumer products...
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