Couldn't have happened to a more deserving company.  Except maybe Sprint.  Or United Airlines.  Or General Motors.  Oh.  Wait. At least there won't be a bailout.  So far, all 3,000 stores will stay open, but there's supposedly a list of 1,000 that could get cut.  From 
Engadget.  You can also read about Blockbuster's missteps along the way on 
Wikipedia.
 
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