Once valued as a $3 billion company, Blockbuster owned over 9,000 video-rental stores in the United States. But in 2010, after turning down the chance to buy Netflix, Blockbuster filed for bankruptcy with almost $1 billion in debt. So, what happened?

------------------------------------------------------

#Blockbuster #Movies #BusinessInsider

Business Insider tells you all you need to know about business, finance, tech, retail, and more.

Visit us at: https://www.businessinsider.com
Subscribe:    / businessinsider  
BI on Facebook: https://read.bi/2xOcEcj
BI on Instagram: https://read.bi/2Q2D29T
BI on Twitter: https://read.bi/2xCnzGF
BI on Amazon Prime: http://read.bi/PrimeVideo

The Rise And Fall Of Blockbuster