The most common complaint from Blockbuster Video customers over the years was probably the exorbitant late fees, which were eventually curtailed in favor of a subscription-based model. But now late fees are threatening to break the bankrupt video rental chain itself. Universal, 20th Century Fox, and Summit Entertainment filed a claim for tens of millions in unpaid fees owed by Blockbuster this week. more ›

Going once, going twice, sold to...well, no one yet. But Blockbuster Inc. (you know, where you used to go an rent those huge rectangular plastic cartridges with a movie on them) is about to go up for sale as part of their bankruptcy process, according to the LA Times. The opening "stalking horse" bid: $290 million. more ›

It probably won't come us a surprise to many that Blockbuster, once the market leader in home video rentals, is preparing to file for bankruptcy. "Executives from Blockbuster and its senior debt holders last week held meetings with the six major movie studios to discuss their intention to enter a 'pre-planned' bankruptcy in mid-September, said several people familiar with the situation who requested anonymity due to the sensitivity of ongoing talks," reports the LA Times. more ›

Before I even start this, let me just say that I fall WAY outside of this movie's target demographic, so I'm expecting to be shouted down by hoards of Red Bull-addled teenage boys about this. Also, this movie will probably make more money than we've spent on Iraq in the past three years, but what the hell. Transformers sucks.... more ›