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  1. The original Blockbuster company, Blockbuster Video Inc., was merged into the parent company Blockbuster Entertainment Inc. which had earlier replaced the Blockbuster Entertainment Company.

    • Ben Unglesbee
    • 1977. Twentieth Century Fox becomes the first studio to make its films available on video.
    • 1985. David Cook opens the first Blockbuster store.
    • 1987. Wayne Huizenga joins as investor, becomes CEO.
    • 1993. After bulldozing its way across the country, Blockbuster has nearly 3,600 stores.
  2. Sep 6, 2014 · We all know what happened next. Blockbuster went bankrupt in 2010 and Netflix is now a $28 billion dollar company, about ten times what Blockbuster was worth.

  3. Apr 24, 2023 · In 2004, Viacom parted ways with Blockbuster. That same year, the company launched Blockbuster Online, but it was already years behind Netflix. At the same time, Blockbuster decided to end late...

    • Henry Blodget
  4. Apr 7, 2011 · The History. Blockbuster is founded by David Cook in 1985 and goes public a year later. An investment group of former Waste Management executives including Wayne Huizenga takes control of the...

  5. Jul 21, 2022 · In 2011, Dish Network bought out Blockbuster, but it decided just two years later to shut the business down, per Variety. The Blockbuster brand itself wasn't exactly dead after the decision, as Dish saw opportunities for Blockbuster's video-on-demand business.

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  7. Feb 6, 2024 · By the late 1990s, Blockbuster had become a near-monopoly, with over 9,000 stores worldwide and a loyal customer base. They seemed invincible, a titan of the entertainment industry, yet even...

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