Blockbuster was an American home video and video game rental company founded in 1985 that grew to over nine thousand stores worldwide at its 2004 peak before collapsing under competition from Netflix, streaming services and Redbox, filing for Chapter 11 bankruptcy in 2010. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
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Company TypeVideo rental corporation 1 Founded Year Headquarters Blockbuster LLC
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WikipediaLead section
Blockbuster or Blockbuster Video is an American multimedia brand which was founded by David Cook in 1985 as a single home video rental shop, but later became a public store chain featuring video game rentals, DVD-by-mail, streaming, video on demand, and cinema theater.
History, 1985-1996: Founding and early growth section
Blockbuster confirmed that it was moving its headquarters from Fort Lauderdale, Florida, to the Renaissance Tower in downtown Dallas.
- Associated With: Blockbuster Bankruptcy
- Related Corporate Events: Blockbuster Bankruptcy
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What caused Blockbuster's collapse?
Blockbuster was founded in 1985 as a home video and video game rental company and grew to more than nine thousand stores worldwide at its 2004 peak. It collapsed under competition from Netflix, streaming services and Redbox, and filed for Chapter 11 bankruptcy in 2010.
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