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Pity your poor blogger, Insiders.
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I scour the web daily looking for positive stories to bring you about battered and bruised Blockbuster, but there are just none to be had in these dark days. For example, according to a recent court filing, BB lost more than $42 million in the month of November alone.

Keeping in mind that Blockbuster lost around $54 million during the entire third quarter of this year puts in perspective how bad things have gotten for the bankrupt company. Removing reorganization costs from the equation does lower BB’s November losses to $16 million.

Overall, Blockbuster has lost nearly million since filing for bankruptcy in September.
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How much more will it hemorrhage before it finally files its long-delayed reorganization plan?

(via Home Media Magazine)

6 Responses to “Blockbuster Lost $42.1 Million in November”

  1. Visitor [Join Now]
    Vernon Dent [visitor]

    Just last week, I signed-up for a $11.99+tax Total Access plan…Why? Because BB still has exclusive or obtained titles unavailable from other sources.

    Just think if I did not do so, Blockbuster’s third quarter loss would have been $13. greater! ;-)

  2. Visitor [Join Now]
    Cheezer [visitor]

    Is it just me, or do you guys froth at the mouth at any sad news of BB? They’re not gone yet……

  3. Member [Join Now]

    4pm Jan 3-’11 Happy New Year–yet, many of you better wake up !!!

    I’ve sat by for over 2+months now reading negative B.B comments posted by saliva-dripping peons who remind more of the Roman citizens giving the thumbs down cymble when the Christians were on the wrong end of the spear or sword !!!
    I rent from B.B. ! There r 2 stores within 2.5miles of my Hollywood home. I usually sign up for the 1 month 2-at-a-time for $32.00 including tax.
    I have never been treated badly by an employee ! If they didn’t have a title-and there was no line of impatient people waiting–they would gladly look up & see if it was at another store. I’d wait ’til it came back into stock.
    I WANT BLOCKBUSTER TO SUCCEED !! You should Too! Y ?
    1)Competition to even out the playing field. 2)Those people need their jobs too. I don’t work for them, nor do i have a relative that does. I just know what will happen if they dissappear. If you need a full(er) explanation, google the law of supply & demand. I don’t rent a NEW dvd release for the $2.99 BB is asking. I lived w/o that movie all my life…another 30 days is NOT going to hurt me. I also avoid the movie theater, unless i get a pass-I’m no fool Lol. EVERYONE should start avoiding movie theaters !!! I have better more important things to do for my wife & family than to spend $20.+my time, gas,high priced snackBar & other hassels of dealing w/ an ignorant public. Like I try to tell anyone who will listen: “in my home, in my theater, I can hit pause-make food, have a bathroom break, whatever, at least I ALWAYS KNOW the FOOD is CLEAN & FRESH AND.. the CHEF WASHED HIS HANDS !!!”
    Keep up the good fight BlockBuster, especially here in Florida.

  4. Visitor [Join Now]
    Bob [visitor]

    I don’t know why you spend time looking for news (good or bad) about Blockbuster. You did the same thing with Hollywood Video. Your website is called “Inside Redbox”, yet every issue you have more articles about other rental companies (Blockbuster, Netflix, Hollywwod Video, etc). Maybe that’s because news about Redbox is about as boring as their movie selection. Yea, it only costs a buck, but when I stop at a Redbox they rarely get my buck because of their lousy selection.

  5. Visitor [Join Now]
    Craig [visitor]

    I don’t condone or support Blockbuster, Hollywood video, or any business going under. Whether it be a brick and mortar, kiosk, or download only business. Meaning I support Netflix, Blockbuster online, Redbox, Dvdxpress, Blockbuster stores, even movie theaters (1st and 2nd run) and any mom an pop rental places out there. They have all, at one time or another, provided me and my family with entertainment. I am not going to knock any of them but instead wish them luck whether they are strongly and firmly in business, on the brink of going out of business, or already out. My only fear for all the rental businesses, is that streaming/downloading of movies and other forms of entertainment, is steadily becoming mainstream. Witness the HUGE push by tv and bluray player manufacturers into the streaming realm. You pretty much can’t buy a new tv, bluray player, or home theater system these days without it having “internet capability” which usuallymeans streaming of netflix or vudu movies. Even video game systems (xbox360, ps3, and Wii) have begun to stream movies either from their own systems or from Netflix. I believe it is the beginning of the end for discs as a movie medium.