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Sep 23, 2010 · Movie Gallery Inc., formerly the No. 2 chain behind Blockbuster, finally decided to close its doors earlier this year after its second trip through bankruptcy court since 2007.
May 5, 2010 · Blockbuster is currently sitting on over $800 million in debt, and has lost nearly $1 billion combined over the past three years. For anybody who bought BBI stock at the start of 2000, a...
After the end of late fees (early '05, I think), they had $2 a day for new releases, which were titles released in the last twelve months (wall titles). $1 a day for older releases (aisle titles). Later, it went to $5 for a five-night rental for any movie, new or old. Games were $8.
At the store I worked at, a VHS (or later DVD) was $2.99 for 2 or 5 nights, depending on the age of the movie. Those were the movies you'd find on the New Release Wall. The 'Favorites' (general catalog) were $1 for 5 nights. Video games were $4.99 for 5 nights.
Nov 4, 2021 · Blockbuster’s profits depended on penalizing patrons who held onto their movies and games longer than their rental period.
- Joe Scaglione
To counter the Blockbuster offer, Hollywood Video agreed to a buyout in January 2005 by a smaller competitor, the Dothan, Alabama-based Movie Gallery. Since then, Movie Gallery has filed for bankruptcy twice and its entire chain of stores has been liquidated.
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Feb 11, 2020 · Late fees, man -- the clawing, creeping, unfortunate fact of the video rental age. But now that the great beast Blockbuster has been bound in the ancient tongue and imprisoned in a strip mall in Bend, Oregon, can we finally rest easy about our late fees?