Redbox

Blockbuster Sets Date For Its Bankruptcy

by Susana Polo | 12:08 pm, August 27th

According to The LA Times, Blockbuster and its biggest debtors have already discussed their plans to declare bankruptcy by mid-September with Fox, Paramount, Sony, Universal, Disney and Warner Bros.

Blockbuster has lost a total of $1.1 billion since the beginning of 2008 and has been severely hamstrung in efforts to grow its business due to interest payments on $920 million in debt. Earlier this month the company announced that most of its debt holders had agreed to a forbearance on interest payments until Sept. 30, during which time it would attempt a recapitalization.

Blockbuster’s bankruptcy looks like it’s going to be something of a tangled mess of retail vs. Hollywood vs. digital connections.

Read on...

AND LET IT BE KNOWN

Blockbuster May Declare Bankruptcy

by Susana Polo | 3:56 pm, March 17th

After years of going up against the likes of Netflix, Redbox, and internet piracy – tough competition that is only getting tougher – Blockbuster may be voluntarily declaring bankruptcy.

From The Hollywood Reporter:

The once-mighty video chain, which reported a fourth quarter net loss of $434.9 million, has been trying to diversify into new distribution channels as rentals and sales at its 6,500 stores worldwide continue to dwindle.

Apparently, Blockbuster is about $1 billion in debt:

Read on...

14 of the Best Geekiest Beers

Given beer's pervasive place in human history, it's not surprising that the geeky pastimes of drinkers would eventually rub off on the beers themselves. The result is a veritable cornucopia of nerdy beers, 14 of which are right here.

Tweetosystem

James Plafke I am jealous Elmo got to make out with Kristin Chenoweth.
- permalink
- favorite
- retweet
- reply
Eric Limer I swear under my breath A LOT. This must make people near by me very uncomfortable. That being said, I have no intentions of stopping.
- permalink
- favorite
- retweet
- reply
Max Court is now in session at the Burp Castle.
- permalink
- favorite
- retweet
- reply
Eric Limer I don't look at my finances as often as I should which is the main reason why I don't often want to look at my finances.
- permalink
- favorite
- retweet
- reply
Max Desert PolyBus: The game where you drive to Reno and then die.
- permalink
- favorite
- retweet
- reply
Eric Limer If I wrote a webcomic, every strip would be titled "Get it? GET IT?!"
- permalink
- favorite
- retweet
- reply
Max Got chili oil on my hands and face. It hurts. A lot.
- permalink
- favorite
- retweet
- reply
Eric Limer Suddenly I remember what I hate about PC gaming. Mainly never having a computer that can actually do it.
- permalink
- favorite
- retweet
- reply
James Plafke The halftime show taught me that football-watching men drinking beer who love seeing muscular men beat each other up really like to vogue.
- permalink
- favorite
- retweet
- reply
Max Pestering your friends at 8am is how you show you care, right? #hopeso
- permalink
- favorite
- retweet
- reply
Eric Limer Twitter is like RiffTrax for EVERYTHING.
- permalink
- favorite
- retweet
- reply
James Plafke I know global warming is scary, but not having a winter was pretty cool. I didn't have to spend money on shoes for the snow.
- permalink
- favorite
- retweet
- reply
Eric Limer I hereby apologize to all persons --past, present and future-- who have the misfortune of hearing me "sing" dubstep songs.
- permalink
- favorite
- retweet
- reply
Max Even Facebook's Timeline thinks I could have done more with my life.
- permalink
- favorite
- retweet
- reply
Max I did that thing where Facebook turns your Timeline into a movie. Mine had pictures of ducks and foliage set to really dramatic music.
- permalink
- favorite
- retweet
- reply
Max "But I don't wanna go to the dog show!"
- permalink
- favorite
- retweet
- reply
James Plafke People can't stop talking about Downtown Abbey. Is it actually good, or is the rest of TV so bad that comparatively, it isn't the worst?
- permalink
- favorite
- retweet
- reply
Eric Limer Awful is a funny lookin' word.
- permalink
- favorite
- retweet
- reply
James Plafke Remember when soda cans didn't have the wide-mouth openings standard?
- permalink
- favorite
- retweet
- reply
Max Hopefully backsliding on my resolutions for self improvement will shame me into success!
- permalink
- favorite
- retweet
- reply