Bankrupt

Bankrupt Blockbuster Spending Millions On National Ad Campaign Bashing Netflix … Again?

2:00AM November 21, 2010 | Austin Carr - Fast Company

Recently bankrupted Blockbuster is jumping back in the game with a $US15 to $US20 million TV ad campaign. Reuters reports that Blockbuster is once again trying to raise awareness that it has new releases 28 days before Netflix and Redbox.

But wait, wait! Haven’t we heard this before? More »


Samsung: Hey Circuit City, Where the Hell Is Our $US74 Million?

3:30AM December 4, 2008 | Matt Buchanan

Sony isn’t the only company that tried to rips its gear out of Circuit City’s broke, zombie clutches. Samsung has been asking for the bankrupt company to return $US74 million of merch from September.

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Helio Stores And Kiosks Closing Soon, Company In Trouble?

2:59AM June 21, 2008 | Jason Chen

A tipster told us that the talks between Virgin Mobile and SK Telecom/Helio are going nowhere, with Virgin backing out unless there’s some sort of bankruptcy declaration or huge liquidation. Our tipster says that Helio’s corporate stores and kiosks will be closing very soon, which is backed up by similar info from Engadget. They say that there’s no merger between Helio and Virgin, and that customers might just be moved over to Virgin’s network.

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