Link → Blockbuster Shares Tumble After Bankruptcy Warning
“The increasingly competitive industry conditions under which we operate has negatively impacted our results of operations and cash flows and may continue to in the future. These factors raise substantial doubt about our ability to continue as a going concern.”
Should read: “Our complete inability to keep up with competition, due to the sedentary lifestyle adopted during our monopoly…”
Another dinosaur dies. It will not be missed. Seriously, do you know how much it costs to rent a DVD there today?
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theneilshow reblogged this from littletinyfish and added:
I have to share in Jason’s Schadenfreude (look it up). I stopped going to blockbuster awhile ago after coming to count...
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littletinyfish reblogged this from ragdoll and added:
Thank fucking god. It’s...an over exaggeration...say that I...
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ragdoll posted this