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Bookmark or Share- Blockbuster (retailer) - WikipediaOn March 17, 2010, Blockbuster issued a bankruptcy warning after continued drops in revenue threatened its ability to service its nearly $1 billion (~$1.44 billion in 2023) debt load. By April 1, 2010, Carl Icahn had resigned from Blockbuster's board of directors and sold nearly all his remaining Blockbuster stock. [ 83 ]
- Review: Blockbuster’s demise had many culprits | ReutersDish Network Corp won Blockbuster Inc in a bankruptcy auction for about $320 million, boosting the satellite TV provider's online features and marketing reach.
- Former CEO Jim Keyes: Why Blockbuster Really Died and What We Can Learn ...The market crash left Blockbuster, which Keyes said had nearly doubled its earnings in 2008, with $350 million in debt that was due in the first quarter of 2009. It was something Keyes wasn’t...
- A Look Back At Why Blockbuster Really Failed And Why It Didn't ... - ForbesBlockbuster went bankrupt in 2010 and Netflix is now a $28 billion dollar company, about ten times what Blockbuster was worth. Today, Hastings is widely hailed as a genius and Antioco is...
- Blockbuster Files for Chapter 11 Bankruptcy - The New York TimesBlockbuster, the struggling video rental giant, filed for bankruptcy protection on Wednesday, seeking to shed its onerous debt and remake itself to compete against nimbler rivals.
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