Is Blockbuster Headed for Prepackaged Bankruptcy? One Analyst Thinks So.

• Blockbuster's management and board of directors have been so out of touch with the average consumer that it is now hitting Blockbuster hard. I hope the bondholders/shareholders are not played for fools and vote to take the board or even the company out for good.

• What sucks os their selection. Barely had anything from yesteryears in their stores. Instead they began filling the stores with candy, video games, more candy, and tubs of popcorn.

• They deserve it! They have been scammers since they opened! They deliberately came into the market and lowered their prices long enought to drive out all the small town business. Illegaly...

• Umm... he's about two years late on using the "hoocoodanode?" defense. http://www.webcogito.com/2008/11/26/2008-word-of-the-year-bailout/

• I don't know if they will be that famous. We are really in the equivalent part of the Industrial Revolution when people shifted from cottage steel making to county wide steelmaking. I imagined lots of winning firms got lost in the transition from one phase to other as technology rapidly evolved in that era. It's not the same as making steel for 40 years and losing out to an innovation. It's not that the Internet is that different. We just keep making the mistake of not knowing where we are in the curve. Same story for Apple, a supposed winner. It's not over yet, not by a long shot.

• As another said, it is Blockbuster's own fault that they are going to go away. I had a Blockbuster online membership. But, Netflix lured me away by making it where I could watch movies online for free (at Blockbuster I would have had to pay extra). To be honest, I don't care as much about getting the disks in the mail as I do about watching movies online.

• Is Jim Keyes standing in front of a Circuit City, or a Blockbuster that looks like a Circuit City?

• I don't know how out of context the quote could have been taken, using NetFlix's on demand service is incredibly easy on every platform it is available on, it is all on Blockbuster that I am not slipping a blue disk into my PS3 instead of a red one.

• Coop DeVille says: "Blockbuster may cease to exist by 2013, but they will forever live in business school textbooks as companies who failed to evolve in a changing marketplace and paid the ultimate price for being stagnant." You can put another local company in this pile..."The Shack".

• Blockbuster may cease to exist by 2013, but they will forever live in business school textbooks as companies who failed to evolve in a changing marketplace and paid the ultimate price for being stagnant.

TotalComments: 10