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Blockbuster Video has a live website, sparking comeback rumors

 1 year ago
source link: https://finance.yahoo.com/video/blockbuster-video-live-website-sparking-211615893.html
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Blockbuster Video has a live website, sparking comeback rumors

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Blockbuster Video has a live website, sparking comeback rumors

Yahoo Finance's Dave Briggs and Seana Smith discuss Blockbuster, a video game and movie rental service, possibly making a comeback.

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    Blockbuster Video has a live website, sparking comeback rumors
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Sat, March 25, 2023, 6:16 AM GMT+9

Yahoo Finance's Dave Briggs and Seana Smith discuss Blockbuster, a video game and movie rental service, possibly making a comeback.

Video Transcript

- All right. Now a bonus story you might have missed and a store you might miss dearly is Blockbuster Video making a comeback. The movie rental retailer has a live website. Yes, blockbuster.com. The company ceased most of its operations in 2014. But fans believe the website could be evidence that Blockbuster might be making a comeback.

Earlier this month, the company joked about reopening in a tweet saying, quote, "new business idea. We're going to come back as a bank and use VHS and DVDs as currency. Time to go visit your mom." The tweet was a joke. But three days later, Twitter users realized Blockbuster's website was once again active. And if you check it right now, it reads, "we are working on rewinding your movie." There was once more than 9,000 stores. It remains just 1.

- Just one store in Bend, Oregon. And you talk about the fact that there was 9,000 stores at one point. That really points to the fact that Blockbuster is so recognizable. That nostalgia play has always been able to kind of play into it when we talk about this one store and the fact that it still exists today. And this one store, most of the sales-- I mean, all of its sales really comes from the merchandise within it. But the fact that people are going out and spending merchandise that says Blockbuster really tells you the strength of this brand. I don't know exactly what is going to happen with Blockbuster. I mean, if you were to get an actual VHS or DVD right now, I wouldn't have anywhere to play it.

- That's the problem. You'd have no DVD player, even in your home. Maybe in your car. That may be the only place we still have DVD players. But I still do feel very nostalgic for it. So many great memories of bringing my kids to the movie store, walking up and down the aisle, and buying some popcorn and candy. You probably don't even have those memories.

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