Become a fan of Slashdot on Facebook

 



Forgot your password?
typodupeerror
Compare cell phone plans using Wirefly's innovative plan comparison tool ×
Movies

Submission + - Blockbuster Files for Chapter 11 Bankruptcy 1

theodp writes: It's official — the Internet Killed The Video Star. The Guardian reports that Blockbuster has filed for Chapter 11 bankruptcy protection in the US, after being hammered by online rental film services such as Netflix and DVD mail order companies. But the company, which Viacom purchased in 1994 for $8.4 billion, is expected to swiftly re-emerge after a restructuring deal was agreed with creditors who include billionaire Carl Icahn. Remember to always sell high, kids!
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Blockbuster Files for Chapter 11 Bankruptcy

Comments Filter:

The brain is a wonderful organ; it starts working the moment you get up in the morning, and does not stop until you get to work.

Working...