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- Stock symbol: BBI (NYSE)
- Annual revenue (2007): $5.54 billion
- Founder: David P. Cook
- Year established: 1985
- Industry: Home entertainment
- Phone: (214) 854-3000
- Fax: (214) 854-3677
- HQ: Dallas, Texas
- Chairman/CEO: James W. Keyes
- EVP/CFO: Thomas M. Casey
- Staff (2007): 59,643
- Rentals fell 2.6% at Blockbuster locations in the final three months of 2008NewTeeVee: Blockbuster: Now Only Slightly Less Miserable! (March 21, 2009)
- Sales for used DVDs, video games and game consoles rose 37% in the final three months of 2008NewTeeVee: Blockbuster: Now Only Slightly Less Miserable! (March 21, 2009)
- Blockbuster lenders are giving it another year to repay its revolving credit facilityNewTeeVee: Blockbuster: Now Only Slightly Less Miserable! (March 21, 2009)
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Blockbuster operates a large chain of DVD, Blu-Ray and video game rental stores as well as the Internet rental delivery service Blockbuster Online. Their Game Pass program allows subscribers to rent video games for a monthly fee instead of individual rental charges. In January 2009, Blockbuster announced a deal to enhance their Blockbuster Ondemand services through a partnership with Sonic Systems, makers of Roxio software. The deal would allow the distribution of movies on a broader range of media than just the set top box offered by Blockbuster.PC World: Blockbuster Deal to Put Movies on ... (January 14, 2009)
Key Dates
Bankruptcy?
When Blockbuster announced its quarterly results on March 19, 2009, it was clear that the company would not be declaring bankruptcy this year, despite growing concerns for the its future amidst plummeting rentals and competition with Netflix. However, lenders are giving the flailing company an additional year to replay their revolving credit facility. Even then, if the company should be forced to declare bankruptcy in 2010, it would not be closing down all of its locations, but rather restructuring its debt and preparing for a turnaround.NewTeeVee: Blockbuster: Now Only Slightly Less Miserable! (March 21, 2009)-
Blockbuster Questions
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Who saw the movie "Knowing"? Was it good? 1 AnswerThe main plot of the movie is Last Judgment, which means the end of the world according to some religions as Christianity and Islam. The story is a teacher (Nic... read more -
Is Blockbuster going to file for bankruptcy? 3 AnswersNot quite yet; it looks like they have hired legal counsel to explore the possibilities of not only bankruptcy filing but also refinancing and capital raising i... read more -
Why is Blockbuster going bankrupt? 1 AnswerThere are now to many other ways to get videos you want to see. read more -
Of 2009, What is your favorite Blockbuster Movie??? 1 AnswerHas not even come out yet but I'll have to say Harry Potter!!!! lol read more
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Blockbuster History and Background
- Slate Magazine: The last days of Blockbuster (January 9, 2006)
- Variety.com: Vid biz gets shaft from jolting techno-changes, quixotic consumers (October 9, 2005)
- Yahoo! Finance: Profile for Blockbuster
- Wikipedia: Blockbuster Background
- Official Site: Blockbuster Online Company Overview
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Blockbuster Video and Media
Blockbuster Satire and Humor
- The Onion: Struggling Blockbuster Eliminates Rental Fees (September 25, 2006)
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On Twitter Powered by Twitter
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@rnnbrwn Gawker commenter: "a steaming pile of self serving blockbuster director ejaculate."
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@tantanoo:Telugu version of "2012" is a blockbuster hit! I think someone bought the rights for 3 crores and it's gonna make 10 crores! Sigh!
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@saturdayclub Hey, do you think @JoeHockey can do anything about the fact my local Blockbuster doesn't stock The Might Ducks?
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James Cameron's 'Avatar': He took a big risk. Will it pay blockbuster dividends? http://bit.ly/6pAKhN
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RAW Recall: 23.11.2009 - Donald Trump announces blockbuster trade: WWE tag Team Champion, Jeff Hardy joins RAW
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