Blockbuster files for bankruptcy

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Submitted by Entropy98 on Thursday September 23, 2010 @06:40AM

Entropy98 writes "It finally happened, Blockbuster video has filed for bankruptcy with nearly $1 Billion of debt.

Worn down by Netflix, Redbox, online downloads/streaming, and others Blockbuster has been forced to declare bankruptcy.

What once dominant business will be next to fail to adapt to the ever changing video delivery industry?"
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Blockbuster files for bankruptcy

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For some reason, this fortune reminds everyone of Marvin Zelkowitz.

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Blockbuster files for bankruptcy