Blockbuster
RetailUSAClosed 2010
Total Raised
Undisclosed
Peak Valuation
Undisclosed
Employees
60,000
Year Collapsed
2010
Business model
Physical video and game rental stores.
In brief
Once the dominant video rental chain with thousands of stores, Blockbuster famously passed on acquiring Netflix for $50 million in 2000. It was slow to shift to a streaming and mail-order model, and burdened with debt from its 2004 spin-off from Viacom, it filed for Chapter 11 ba…
See the What Happened tab for the full account.
Key facts
- Founded
- 1985
- Closed
- 2010
- Headquarters
- Dallas, USA
- Industry
- Retail
- Employees
- 60,000
- Revenue
- $3.20B
- Founders
- David Cook
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Often compared with: Netflix, Redbox, Hulu.