The World

Blockbuster files for bankruptcy

Blockbuster filed for Chapter 11 bankruptcy in New York this morning, after a tough decade during which it failed to adapt its strategy against rivals like Netflix and Redbox. Jeanine Poggi tells us how this once revolutionary company fell so far behind.

It could be the end of the brick-and-mortar video store era. Blockbuster, the world’s largest movie rental company, filed for Chapter 11 bankruptcy in New York this morning, after a tough decade during which it failed to adapt its strategy against rivals like Netflix and Redbox. Jeanine Poggi tells us how this once revolutionary company fell so far behind.

Blockbuster files for bankruptcy - The World from PRX