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3000 N. Redbud Blvd. McKinney, TX 75069 TX Tel. 972-683-8000 |
Type: Subsidiary
On the web:
http://www.blockbuster.com
Employees:
25,000
Employee growth: (47.9%)
With video stores going the way of the dinosaurs (and record stores), movie rental chain Blockbuster has seen its business take a Hollywood-sized hit. With a library of more than 125,000 movie and game titles, Blockbuster has struggled to transform its store-based distribution system to a multi-channel content delivery model. The company's customers can either download movies to their home or mobile devices, order them by mail, or visit one of a dwindling number of Blockbuster stores. Amid rapid technological change and competition from Netflix and Redbox, Blockbuster filed for Chapter 11 bankruptcy protection in 2010 and was sold to satellite TV service provider DISH Network in 2011.
Key numbers for fiscal year ending December, 2010:
Sales: $3,240.7M
One year growth: (20.2%)
Net income: ($268.0)M
Officers:
President and CEO: Michael Kelly
EVP and CFO: Dennis McGill
Senior Manager Corporate Communications: Kelsey Smith
Competitors:
Amazon.com
Hastings Entertainment
Netflix
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