{"id":660334,"date":"2010-02-10T11:52:02","date_gmt":"2010-02-10T16:52:02","guid":{"rendered":"http:\/\/freakbits.com\/?p=1536"},"modified":"2010-02-10T11:52:02","modified_gmt":"2010-02-10T16:52:02","slug":"blockbuster-goes-bust-in-portugal-blames-internetpiracy","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/660334","title":{"rendered":"Blockbuster Goes Bust In Portugal, Blames Internet\/Piracy"},"content":{"rendered":"<p>The famous chain renting out DVD, Blu-ray, and video games discs worldwide has announced it has gone bust in Portugal. Of course, it blames piracy.<span id=\"more-1536\"><\/span><\/p>\n<p><a href=\"https:\/\/i0.wp.com\/freakbits.com\/media\/blockbuster.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/freakbits.com\/media\/blockbuster.jpg?resize=200%2C150\" alt=\"\" title=\"blockbuster\" width=\"200\" height=\"150\" class=\"alignright size-full wp-image-1538\" \/><\/a>Founded in 1985, Blockbuster is a well-recognized brand all over the planet with around 9,000 stores in around 25 countries worldwide.<\/p>\n<p>A success for many years, the company started falling on harder times around 7 years ago with decreasing revenues, a trend that continues today.<\/p>\n<p>The company licensed to operate the Blockbuster brand in Portugal has just announced it has initiated insolvency proceedings<\/p>\n<p>&#8220;Our energies are now focused on trying to minimize the impact on our employees,&#8221; the company <a href=\"http:\/\/dn.sapo.pt\/inicio\/artes\/interior.aspx?content_id=1490891&#038;seccao=Cinema\">said<\/a> in a statement.<\/p>\n<p>Blockbuster is blaming its Portuguese demise on piracy and entertainment becoming available in new forms on the Internet.<\/p>\n<p>Portugal&#8217;s Association of Audiovisual Commerce (ACAPOR) doesn&#8217;t spread the blame so thinly.<\/p>\n<p>Spokesman Nuno Pereira said piracy was the main cause of reduced performance in the sector and accused the government of inaction in the face of &#8220;brazen and shameless theft.&#8221;<\/p>\n<p>Neither company cite a failure to innovate as a reason for Blockbuster&#8217;s demise and will presumably continue trying to rent out plastic discs in other regions.<\/p>\n<p>Article from: <a href=\"http:\/\/freakbits.com\">FreakBits<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The famous chain renting out DVD, Blu-ray, and video games discs worldwide has announced it has gone bust in Portugal. Of course, it blames piracy. Founded in 1985, Blockbuster is a well-recognized brand all over the planet with around 9,000 stores in around 25 countries worldwide. A success for many years, the company started falling [&hellip;]<\/p>\n","protected":false},"author":2594,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-660334","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2LMy","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/660334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/2594"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=660334"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/660334\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=660334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=660334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=660334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}