>you are now aware Blockbuster was actually trying to create

Nothing of value was lost

>>79670024
This is inaccurate. The story has been posted before but they were offered the chance to and the then CEO though it was fanciful.

Then they got used to buy about huge amounts of credit for their parent company, sold and the purchaser ended up stuck with shitloads of credit with absolutely no means to pay it back with their revenue and had to fold.

>>79670024
>blockbuster
>not Hollywood video
Hollywood video was the shit. I was on a first name basis with everybody because I used to work at a 711 right across the street from it. I would always get free game rentals and preorder gifts all the time. It was great.

>>79670101
>CEO though it was fanciful
He thought 50 million was too high an ask.

Hindsight is 20/20 but Netflix is worth billions now.

It's kind of funny.

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>>79670024
I feel as though I need to clear some things up about why Blockbuster Video is closing, and why they went chapter 11 in the first place a few years ago

>Blockbuster Video used to be owned by a Jew owned company named Viacom
>Viacom are money-grubbing whores
>Viacom buys all of blockbuster's rentals and merch with loans, instead of profits
>every year use profit to pay off loans, take out new loans to buy new merchandise
>blockbuster decides to split from viacom because they are tyrants
>viacom takes all of blockbuster's profits from that year, but does not pay off the loans
>the loans were taken out under blockbuster's name, not viacom's, so the loans technically belong to blockbuster
>viacom does not tell this to blockbuster corporate
>when blockbuster finds out, there is already a shit ton of interest, and viacom has all of their profits
>desperately try every quarter to pay off loans
>1 mil loan becomes 3 mil then 5 mil, finally tens of millions of dollars are owed
>go chapter 11, file for bankruptcy
>Dish network buys Blockbuster Video, because they want to use the iconic Blockbuster Video logo to sell tv subscriptions, plus wants brick and mortar stores to sell tv subscriptions
>closes unprofitable stores that were still around after chapter 11 closings
>has 300 locations left
>all are profitable
>blockbuster is profitable as a whole again, especially in the North East
>fast forward 2 years to 2013
>Dish decides to go exclusively to streaming
>considers selling BBV
>no fewer than 3 companies are interested in buying
>but Dish wants to keep Blockbuster logo for streaming service, cant do that if they sell the company
>decide to liquidate stores, put 3000 people out of work, all over the rights to a logo
>tell employees they are being laid off AFTER telling the news networks

Blockbuster's problem was it was owned by two shitty Jew owned corporations

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Was there anything Enron COULDN'T do?

>>79670258
Is Dish even using the logo?

>>79670374
I wouldn't know since I don't pay for tv anymore.

>>79670041
Shut up fagit

What was the tax policy