Items tagged with Blockbuster
The end of an era in video rentals is coming to a close, as Redbox’s parent company, Chicken Soup for the Soul Entertainment, files for Chapter 7 bankruptcy. The move will displace a workforce of about 1,000 workers, as well as around...
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Back in its heyday, Blockbuster was the go-to store for renting movies on VHS tapes and, later, DVDs. There were over 9,000 brick-and-mortar Blockbuster stores at its height, along with more than 84,000 employees. I remember the...
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The lone Blockbuster store in Bend, Oregon, may soon have some company, as the company's website recently changed for the first time in a decade. The dormant website updated to include the message "We are working on rewinding your movie"...
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In an ironic twist of fate, Netflix is looking to breathe a bit of life back into the iconic Blockbuster brand. The streaming service released the first trailer for "Blockbuster," a show that takes place in the last remaining Blockbuster...
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Many years ago, I helped run a local mom-and-pop video rental store. Business was okay, but not great. By the time I came onto the scene, chains like Blockbuster and Hollywood Video had started putting the squeeze on independently owned...
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If you’re a fan of the cancelled Fox cult smash “Arrested Development”, today is the day you’ve been awaiting for years: the show is back. Netflix has followed through on its promise to deliver new episodes, and you...
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Most of us can’t remember the last time we were inside a Blockbuster video store, which is why the chain went belly up nearly two years ago, and why Dish Network is planning to close 300 Blockbuster locations in the coming weeks...
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Sad days for Blockbuster. The once mighty video rental chain has fallen on hard times in a world where Netflix, VUDU and other video streaming services are proving more affordable and convenient. There was, however, a glimmer of hope. Charlie Ergen had planned to have Dish Network acquire...
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Perhaps Dish Network should just pull the plug on Blockbuster completely, but instead it looks like the once popular DVD rental store is destined to die a slow death. The satellite service provider indicated it would be closing more...
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Bad news for those who love movies and love saving money. In the wake of both Netflix and Redbox raising rates, even Blockbuster can't resist. At this point, it's hard to ignore that the root cause has to be the studios -- Blockbuster is in no position to hike up rates at a time when it could...
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Netflix posted its Q3 results today, and they reflect what analysts generally expected. The company's price hikes, combined with its schizophrenic announcement that it would split the brand (followed by a retraction a few weeks later) took a toll on the total number of subscribers. The total...
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In April, Dish Network acquired Blockbuster. Since then, there has been plenty of speculation as to what Dish would do with Blockbuster and its assets. We already know Dish will keep 600 Blockbuster stores open, and now we're learning of other possible plans. Word has it that Dish Network is...
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Dish Network's eleventh hour Blockbuster purchase saved a number of stores from imminent closure, but the company still intends to close additional properties. Blockbuster has spun this into a victory; the company's blog claims to have "saved" stores as opposed to liquidating them...
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Desperate times call for desperate measures. And while Blockbuster isn't exactly "out" just yet, they're definitely "down." At least compared to companies like Redbox and Netflix. But if there's ever a time to take advantage of a man being down, this is it. Netflix had to know full-well that...
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Would you invest any time or money into Blockbuster at this point? It would take a really bold (or really rich...or really bored) person to say "yes," but Dish Network must fit that criteria. The company has just decided to broaden their scope when it comes to Blockbuster, and that apparently...
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After some six weeks on the auction block, beleagured Blockbuster has found a buyer. The Dish Network has agreed to purchase its erstwhile competitor. The company won the auction with a bid of some $320 million and expects to pay ~$228 million once other transaction adjustments are completed. The purchase process will reportedly be finished...
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It's a shame, but no one can honestly say that they didn't see this coming. Blockbuster has been dwindling for years. They simply haven't been "popular" in years, and many younger folks don't even acknowledge their existence. These days, it's all about Netflix, Redbox and streaming media. Even...
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Ever heard of Redbox? Probably so. It's the company who puts movie rental kiosks in various stores, giving customers the ability to rent their favorite new release DVD for just $1 per night. This, along with Netflix's cheap monthly rates, have seriously hurt Blockbuster, and movie studios are...
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Redbox is known as the DVD kiosk company. It's the company that has taken the world by storm by placing a seemingly endless amount of red DVD rental boxes in grocery stores, supermarkets and Walmart locations. They have most likely led to the further decline of Blockbuster sales, and they're...
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Well, the birds have been circling Blockbuster for some time now, but they haven't been able to dive down just yet. The rental company is still hanging on, and their only real chance at remaining on the map is revamping their digital...
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Well, we can't all act surprised at the same time. For years now, Blockbuster has been dwindling in importance. The store was once the face of movie renting, and now it's the face of what used-to-be. Ever since Netflix stormed onto the...
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Desperate times call for desperate measures, and it's pretty safe to assume that Blockbuster has their back against the wall. The company has struggled lately just to keep up with debt payments, and their vast brick-and-mortar network...
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