Redbox takes over

Redbox rules in most towns and Blockbuster will go bankrupt soon. Lets face it, they added a second redbox kiosk in front of the grocery. Long lines is the reason.

In contrast there were no customers inside the blockbuster video store other than me. Five employees were chatting away. Hey, what can we say.

This should not be a major surprise. Blockbuster bankrupt is because it owes over a billion dollars to bond holders and cannot pay. They should have concentrated on renting movies. Instead they tried to push video games. Sadly, this story will soon be over. It was a sad saga anyway.

Blockbuster Bankrupt

Folks, Blockbuster is near bankrupt. They say Blockbuster video will file for bankruptcy next year. OK some say this year even. Well, we know that this month they miss another bond payment because they have no money. However, the biggest problem is empty stores with no consumers. There was a giant line in from of the red box kiosk yesterday due to their free movie give away.