Blockbuster to be delisted from the NYSE

Blockbuster has about ten minutes to come up with a working business model. They need a visionary at the top of the company, or basically it is all over.

Hope it doesnt go too soon. I’m still enjoying my Game Pass from them. Gamefly is just too expensive and takes too long to ship stuff.

too little too late…

not “be a little too little, a little too late” that just sounds retarded

sorry to hear this story… I grew up rewinding blockbuster videos. it was a wonder land for new movies when VHS was this thing to watch! I’ll keep you in my prayers BLOCKBUSTER!!……………. Pour out a lil liquor..

believe it or not AT&T was almost ruined due to the same lack of vision. then one of those numnutts there got smart enough to convince it to aquire Cingular. the moral of the story is you can always buy vision.

In my opinion…the whole movie industry needs to be overhauled. Obviously more and more people turn to internet streams of leaked copies of movies because nothing beats free…so that is a lot of revenue that the movie companies are losing. When movies get released for sale, Netflix pretty much cleans house again because you can stream rentals immediately at a nominal monthly cost. The pattern here is cheap and internet streaming.

I think the movie industry could contract with Blockbuster to have movies still in theaters stream to people’s homes. Instead of paying $10 to go to the theater, you can pay $5 to watch it at home. Yah, cinemas will take a hit but people will still love to go to the theaters for the environment. Plus they could arrange for certain big titled movies to have a 2 week window or some sort before it gets streamed out.

I just know that there are a lot of movies I would like to see, but I’m not going to pay $10 for each one.

I used to work for blockbuster, after being kept in poverty states and even *giving* them the formula for how to do a netflix and redbox service (in a nice crisp folder no less) in oh.. 2003, (nice diagrams, prospectus etc). They consistently treated their employees and customers like utter crap.

It was my solemn vow (made on the day I got fired for explaining to customers the scam that was, keep it for five days without a late fee and how the real money to be made was in the late fees AFTER the summer was over when customers got used to the five day deal for three months,) that I would smile happily up at the smoking ruin of the behemoth, and wave like Vir to Morden, and say… I told you so.

Now I get a smile and a show everytime I see blockbuster stock drop another penny. And on the day they take their permanent dirtnap…. I will send a personal, heartfelt thank you note to Netflix’s CEO, personally thanking him for not taking BB’s crap and putting the nasty down, like it deserves.

Thank you Netflix.. you are my hero

Blockbuster must re-asses the value of their services.

Redbox is killing them with the $1 DVD rental.

Blockbuster MUST start renting at $1 and cut company costs to make up the difference, otherwise their death will mark the end of the era of video rental stores.

This is what happens when you let big corporate enterprises take business out of the hands of small private owners. The economy is going down the tubes because their is no more diversity. There is only big biz trying to guess at what will work. Small local businesses know their customers and even care about them.

i feel sorry for my local video store (non blocky).
kiosk and on demand will kill them off.

at least australia is a few years behind.

What stopped me from renting with them is I was only able to return where I rented from. This is a huge inconvenience for me at least.

I am praying for Blockbuster to FAIL…… FAIL!
Long Ago I was once a customer then it came to a screeching halt. Why? Learning who the True Owners Were, Some of The “R” Movies were supposedly edited, Experienced a scenario that I still has a movie out which I returned and it was sitting on their shelves LOL. BB jumped into the mail order bizness to compete w/ Netflix where you could also return at any location? Then why would u need to use the mail order in the first place?
BB’s Exclusive Only Scenes quietly died & lets not forget a couple of locations here and there shutterd! Blockbuster is hanging on a thread and what made me HATE BLOCKBUSTER period is this BS 28 Window Deal w/ Warner Bros/20th Century Fox/Universal that Redbox & Netflix stupidly Agreed on…. Apparently DVDPlay has NOT cause thats where I am getting my hot new releases at and everyone is! Soooo in end, I would be suprised if Blockbuster makes it thru 2010 but then again, more locations thats left may get shutterd again as a last resort…who knows. Me Disgrunted? Maybe….

As a current Blockbuster employee I can tell you theres no hope for the company, our polices and computer systems haven’t been updated since 1998. There’s no way it can compete and effectively make money in 2010.

This is a typical example of progress and how change is inevitable. Don’t get me wrong – I am sorry for the creditors and shareholders of BB, but I applaud this as a proof that our society is going forward. With virtually omnipresent broadband Internet and services like iTunes, I don’t see a place for brick-and-mortar media rentals any more. It is not only more comfortable for me to rent out a movie from home, but I also feel good that nobody has to print and package the DVD just so I can watch it once or twice.
I doubt that there are many ways for BB to be resurrected, unless they change their business model drastically. I don’t even know if Hurricane’s solution from above would do BB much good – they have to pay rent, employees, cleaning stuff, electricity bills and all kinds of stuff online rentals can do without.
In summary, let’s all rent online, drive electric cars and live dynamic and exciting lives.

They did this to themselves. There is only one sure way they can compete in today’s market: lower prices. They drove customers away by increased pricing and decreased benefits. They need a complete overhaul of their practices in order to make any difference at all. They also need to implement these changes without over spending to publicize the changes. Internet media and customer base will always speak louder than television commercials. I left the blue label and went to the red label for mailbox renting purely for benefits and pricing. If they had remained competitive I never would have left them.

The whole media industry as a whole is way too greedy. It is so out of control they are starting to cannibalize themselves. They have miked the consumer dry and now get to face the inevitable decline.

Good riddance. A lot like AOL, they are a greedy, incompetent corporation that couldn’t adapt. They failed because they cant compete with companies that provide the exact same service but don’t abuse and overcharge their customers. I really am glad they are going under. It makes me happy to see companies like this get what they deserve.

Its also karma… at its peak, BB’s practices were to buy out mom&pop stores and/or drive them out of business. They hated competition and never knew the definition of ‘innovate’ or ‘best business practices’. All they knew how to do was sit their fat ass on you and rape.

More proof that BB didn’t know jack shit? When the board bought themselves out from ViaCom… and Viacom had no problem making the sale. Viacom knew, even way back when.

Why they aren’t dead for good, I have no idea. Shed no tears for them, they are the poster child of corporate indifference and greed.

Blockbuster blames it not getting its way on ‘low voter turnout.’ That goes to show that even the company’s own shareholders have abandoned it. Anyone that still supports the company needs to get their head out of the sand and start finding better ways to use their time and resources. Blockbuster is disappearing from the NYSE and will soon disappear from the world as well.

Thank you Netflix.

FIRST THINGS FIRST!!! OUR COMPUTER SYSTEM IS RUNNING ON DOS!! thats right i said “DOS” not windoes

Hi I am a Blockbuster employee and I have been with them for a while now and I am working in Canada so we are feeling the pinch HARD!! cutting hours from 25-30 a week to 14 it was a low blow and for ALLLLLLL THE MONEY BLOCKBUSTER SPENT TO HELP KEEP THE COMPANY AFLOAT THEY PUT ON THIS——>
http://www.graffretail.com/
CHECK THAT WEBSITE OUT!!! this is what I have to watch once a week with 12 different episodes! and 10 do’s and don’ts of selling!!! and on top of that!! that stupid Kevin Graff guy’s one minute thing he’s got THATS JUST DUMB!!! is actually so ridiculous! MOST OF THOSE SALES TECHNIQUES ARE NOT USED IN A FRIGGEN VIDEO STORE!!! i am sorry for the caps but seriously Blockbuster you failed at being a successful company by trying to make all your employees sales people and not by making a successful plan…You just spent alot of money you didnt have on those stupid videos trying to teach everyone to be the best sales people…ITS BLOCKBUSTER no need to be calling your employees sales people because were not selling anything really..Selling movies is not a hard thing to do we dont need 100 steps to be working at blockbuster. Also by not upgrading the System you have that still runs on DOS

Say Hello to On-Demand and Netflix
Are-K
Blockbuster Employee

Thank You
Soon to be ex-employee of a company that