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Bookmark or Share- How Blockbuster Went From Dominating the Video Business to BankruptcyOnce valued as a $3 billion company, Blockbuster owned over 9,000 stores in the US. In 2010, Blockbuster filed for bankruptcy with $1 billion in debt.
- Blockbuster (retailer) - WikipediaSignificant loss of revenue occurred during the late 2000s, and the company filed for bankruptcy protection in 2010. [14] [15] The next year, its remaining 1,700 stores were bought by satellite television provider Dish Network, [16] [17] and by 2014, the last 300 company-owned stores were closed. [18] .
- A Look Back At Why Blockbuster Really Failed And Why It Didn't ... - ForbesBlockbuster went bankrupt in 2010 and Netflix is now a $28 billion dollar company, about ten times what Blockbuster was worth. Today, Hastings is widely hailed as a genius and Antioco is...
- A Timeline: The Blockbuster Life Cycle - ForbesBlockbuster files for Chapter 11 bankruptcy protection on Sept. 23., declaring $930 million in secured and unsecured debt. The plan is for the chain to shed even more retail locations to...
- Blockbuster: the Rise and Fall of the Iconic Movie Rental StoreIn an attempt to wipe out $1 billion of debt, Blockbuster filed for bankruptcy, and the company was delisted from the NYSE. The following year, Dish Network bought the company out of bankruptcy...
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