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  1. #1
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    Blockbuster Enters Administration Again, Xbox One and PS4 pre-orders in jeopardy

    Film and video game retailer Blockbuster is to enter administration for a second time, according to its owner Gordon Brothers Europe.

    The chain, which previously entered administration back in January, will remain trading as normal while a buyer is sought. If Gordon Brothers is unsuccessful in finding a buyer, some stores may close.

    Any customers with outstanding orders should visit their local store who will deal with the matter.

    A statement provided to IGN explains that the decision is due to continuing poor sales and rentals, despite Gordon Brothers having "striven to turnaround the historically loss-making company by restructuring the business, investing significantly in strategic marketing activities and negotiating with the landlords of its retail outlets.

    "The need to significantly reduce costs whilst a buyer is sought will unfortunately result in 32 redundancies at Blockbuster UKs head office," it continues. "All stores will continue trading as normal whilst a buyer is sought for the business. In the event that a buyer cannot be found some stores may need to close."

    The big question this leaves many people with, however, is what this means for Xbox One and PlayStation 4 pre-orders. As of right now, the situation is unclear. While the original statement explains stores will keep trading, a statement provided to IGN from Blockbuster says, "Any customers with outstanding orders should visit their local store who will deal with the matter."

    Having spoken to a number of stores, we were told they hadn't been briefed on what was happening as yet.

    However, a source close to Blockbuster has told us that store managers are being told pre-orders cannot be honoured, which supports a tweet from the official Blockbuster UK account that claims pre-orders will not be fulfilled.
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  2. #2
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    And I thought I had it bad feel for the guys that preodered with them

  3. #3
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    Quote Originally Posted by MiniMadness86 View Post
    And I thought I had it bad feel for the guys that preodered with them
    Yeah not good news, especially as it's very nearly November and very nearly time for both consoles to be released!!
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  5. #4
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    No idea where the nearest blockbuster is now, they used to be all over the place, the local one in my town close over a decade ago and there At one point there was about half a dozen movie rental stores in the town where I live but one by one they closed, Blockbuster was first.

  6. #5
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    Quote Originally Posted by keefy View Post
    No idea where the nearest blockbuster is now, they used to be all over the place, the local one in my town close over a decade ago and there At one point there was about half a dozen movie rental stores in the town where I live but one by one they closed, Blockbuster was first.
    I must admit there are not a lot around anymore since Love Film and Netflix came about which caused a lot of branches to shut down but it's still a punch in the gut for anyone who pre ordered with them!
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  7. #6
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    Luckily, my local blockbuster is still goin strong. Get all my games from there...(please don't close...)

  8. #7
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    I hate blockbuster. I remember their crooked ways of dealing business and were also very anti consumer.

  9. #8
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    Blockbuster is still open?! How have Netflix and Redbox not killed them yet!


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  10. #9
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    I think Blockbuster pretty much killed them selves with overpriced rental and double charged late fee's. After they pulled that crap, a lot of people went to other places to rent movies and games.

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  12. #10
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    I didn't realize Blockbuster was still in business. o_0 Seriously... I thought that company went under years ago.
    "Love the life you live, and live the life you love." ~ Bob Marley

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  14. #11
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    There are still two shops here in El Paso, ones near me

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  15. #12
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    I thought they were online only nowadays, there isn't one in my city anymore. I used to enjoy looking around... but didn't buy stuff all that often.

    Don't Steal. Don't Molest Little Children. Don't Deal Drugs.

  16. #13
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    Blockbuster went out of business here a long time ago. lol

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