DESK 2 — FILE OPEN
FOLDER B-0923CASE #2010-0923SHELF 4 / ROW C
CLOSED
BUREAU OF COMMERCIAL DEATHS
DIVISION OF COLD CASES / FORM 41-D / DEATH OF A GOING CONCERN
CASE NUMBER
CASE #2010-0923
SUBJECT
BLOCKBUSTER INC.
DATE OPENED
October 1985 — Dallas, Texas
DATE CLOSED
September 23, 2010
KNOWN ALIASES
BBI (NYSE); Viacom subsidiary, 1994–2004
INVESTIGATOR
Det. Redact
CAUSE OF DEATH
Subject declined to purchase its successor for $50,000,000 in the year 2000.
PEAK VALUATION
$8,400,000,000 (1994)
ASSETS RECOVERED
Assets to DISH Network, $233,000,000; one licensed store operating in Bend, Oregon
CLASSIFICATION — MARK ONE
FRAUD
NEGLIGENCE
HUBRIS
✕MARKET FORCES
UNKNOWN
EVIDENCE SUMMARY
Sixteen percent of subject’s revenue derived from penalties assessed against its own customers.
Penalty structure was eliminated in 2005 at a cost of approximately $400,000,000 in annual revenue. Subject declined thereafter.
One franchise location remains in operation and is not considered a survivor for filing purposes.
Remainder of statement sealed:
FILED BY Det. Redact · BADGE 0001NO FURTHER ACTION AUTHORIZED
PROPERTY OF THE BUREAUDO NOT REMOVE FROM ROOM 0114
MARGIN NOTE — INVESTIGATING OFFICER
One store is still open. I call it monthly. Someone always answers. I find this reassuring and I also do not.
$50 million. They laughed in the room.
EVIDENCE TAG
ITEM B-0923
SUBJECT BLOCKBUSTER INC.
RECEIVED 2010
CONDITION AS FOUND
SUBJECT BLOCKBUSTER INC.
RECEIVED 2010
CONDITION AS FOUND