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[WSJ] Blockbuster Auction Draws Liquidators

post #1 of 40
Thread Starter 
Quote:
A team of liquidators is among those competing in Blockbuster Inc.'s bankruptcy-court auction, with a plan to close the movie-rental chain's remaining U.S. stores.
Source: http://online.wsj.com/article/SB1000...096839556.html
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post #2 of 40
kinda sad cuz my wife n i rent movies a few times a month from our blockbuster up the street.

but obviously netflix, cinema now>
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post #3 of 40
All the blockbusters in my area closed up years ago, right about the time hollywood video did. I've been with netflix ever since then. Their prices stunk compared to netflix.
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post #4 of 40
Redbox seems to dominate. Who would else wanna pay 3.99 for a movie release?

Hastings is still a great store cuz there are hard to find movies in any section for only 99 cents. Kinda still tops Netflix and Redbox imo.

Sucks to see BlockBuster go, i remember the old days of renting movies there but renting games was so stupidly expensive. I liked Hastings.
post #5 of 40
This is exactly what happens when you charge 7 friggin dollars for a 24 hour rental. Stupid overpriced crap wont be missed
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post #6 of 40
Blockbuster stores can survive in certain rich surburban areas yet I believe they are useless now to have in lower income areas. Rich people will pay for the convenience factor Blockbuster offers.
    
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post #7 of 40
I've never understood their late fees either. Why not just a flat daily rate? They act all pissy when they call you up asking you to return a video but they are actually making more money from the late fee than if they rented to somebody else... Then of course I never come back because I ran up such a huge late fee... Way to shoot your business in the foot from greedy tactics.

Then I sign up for netflix and keep a movie for a month if I want.

It's amazing to me that they can't stay in business. If they rent a disc 2 or 3 times it pays for itself. Every time after that is just gravy. Then they just need to pay the power bill and a few minimum wage flunkies to run the registers.
Edited by Epitope - 4/5/11 at 9:27pm
    
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post #8 of 40
Quote:
Originally Posted by dlee7283 View Post
Blockbuster stores can survive in certain rich surburban areas yet I believe they are useless now to have in lower income areas. Rich people will pay for the convenience factor Blockbuster offers.
I dont see the convenience of getting off the couch to go a couple blocks to rent a movie when you can just select one with the remote
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post #9 of 40
I still see one in every city I go to around Miami, but a big majority of them have closed down.
>.<
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>.<
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post #10 of 40
Wondered if they were downsizing or completely closing.... check em out if you see one closing (see below).

Quote:
Originally Posted by SniperXX View Post
All the blockbusters in my area closed up years ago, right about the time hollywood video did. I've been with netflix ever since then. Their prices stunk compared to netflix.
Hollywood Video? If i'm not mistaken we had one... like 10 years ago. Thought thats when they all went out. I noticed a BB going out in Georgia.. sure enough a year later (this year) ours goes out, another goes out in my college town. CHEAP movies, i'd recommend checking it out if you see one. $1 (no case) dvds. Lots of TV series in them.
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