Tag Archives: blockbuster video

Blockbuster Can’t Get A Break: 28 Day Advantage over Netflix Takes a Hit

As much as I still resent Blockbuster Video for using predatory pricing to put every local video store that I loved out of business, their ordeal is just getting sad. For their first advertising campaign since 2007, the currently bankrupt company ignored our suggestions and instead opted to brag about getting new releases 28 days before Netflix and Redbox. Now NCR, which operates Blockbuster’s kiosks nationwide, has shot that selling point down by making a deal with Warner Brothers that requires Blockbuster to wait the same 28 days. Ouch.

Read more:
Blockbuster Can’t Get A Break: 28 Day Advantage over Netflix Takes a Hit

Blockbuster Plans to File for Bankruptcy

I truly, sincerely apologize for this, but: Talk about late fees! Blockbuster has told Hollywood movie studios that they plan on filing for Chapter 11 next month with the hopes of restructuring a “crippling debt load of nearly $1 billion” and escaping the leases on at least 500 of their 3,425 stores. Guess I should return that copy of My Cousin Vinny before it’s too late. [ LAT ]

Read more:
Blockbuster Plans to File for Bankruptcy