Block Buster contained nearly 60,000 employees and over 8,000 stores. This company first started October 19, 1985. As a result of various factors including competition of Redbox, Netflix, and video on demand, blockbuster lost significant revenue and filed bankruptcy and ceased operations on September 23, 2010. The competition although did not stop there, most teenagers did not pay attention to older movies once they were already brought into stores across the world. Once Netflix became popular kids, tweens, teens and even adults across the world waited for the newer movies to upload themselves onto the greater world of technology. This made it much easier for men and women across the globe to watch there favorite new and old movies. Blockbuster
