Blockbuster May Go Bust


In a report filed with the Securities and Exchange Commission yesterday, Blockbuster — which is a company that owns stores where we all used to go to rent physical copies of movies, television shows, and video games — said it could go bankrupt if Hollywood studios go through with their plans to reduce the amount of credit they make available to the retailer. Hey, they could always bring back late fees! Oh, crap, they already did that. [Company Town/LAT]