Blockbuster Inc., a provider of rental and retail movie and game entertainment, today announced it has filed for voluntary Chapter 11 bankruptcy with the U.S. Bankruptcy Court.
With a highly recognized brand and a library of more than 125,000 movie and game titles, Blockbuster leverages its multichannel presence to serve nearly 47 million global customers annually.
I can remember when Blockbuster was the only place to rent a movie. It seems sad that it's now one of those things that is not keeping up with technology.
Currently, all 3,000 of the company's stores in the U.S. will remain open. Through its stores, by-mail and digital businesses, Blockbuster is continuing to provide day-and-date, multi-channel access to new releases and fulfilling all orders as usual.
BLOCKBUSTER Express vending kiosks, owned and operated through a relationship with NCR, also continue their operations in retail locations around the U.S.
The BLOCKBUSTER Rewards™ program remains in effect, and participating customers are continuing to accrue benefits and rewards.
Blockbuster is continuing to honor BLOCKBUSTER GiftCards® as usual and will continue to make Blockbuster GiftCards® available for purchase.
Store credits and valid coupons will be honored as usual.
Additional information about the recapitalization is available at www.Blockbuster.com/recapitalization or by telephone at 877-660-6684 or 732-645-4110.
General information for Blockbuster customers is available at http://www.blockbuster.com/ or by calling 1-866-692-2789.
1 comment:
It was just last night that I told my husband. I thought Blockbuster went bankrupt last year. I am sorry to hear that the video giant filed, I was hoping they would pull through. http://CleverlyChanging.com
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