Blockbuster Preparing for Funeral

This is no surprise. Ever since red NetFlix envelopes started appearing in mailboxes across the country and Video On Demand services increasing, the days of running off to blockbuster on Friday nights is coming to an end. These RedBox’s are popping up everywhere, already 12,000 locations in the US.

Blockbuster, a Dallas based company, has cautioned the SEC about it’s chances of staying in business, it has “substantial doubt” considering they’re financial situation and loan agreements. 

I don’t use blockbuster, and I don’t know anyone who still rents a DVD release for 7 bucks at a local blockbuster. They’re too many alternatives (NetFlix, RedBox, VOD Services, Hulu) that are better and significantly cheaper. Blockbuster always made renting video games easy, but that service alone won’t keep them afloat. 

Can’t wait for this liquidation sale!