>>7263108Reminds me of what happened to Blockbuster.
>Blockbuster Video used to be owned by a Jew owned company named Viacom>Viacom are money-grubbing whores>Viacom buys all of blockbuster's rentals and merch with loans, instead of profits>every year use profit to pay off loans, take out new loans to buy new merchandise>blockbuster decides to split from viacom because they are tyrants>viacom takes all of blockbuster's profits from that year, but does not pay off the loans>the loans were taken out under blockbuster's name, not viacom's, so the loans technically belong to blockbuster>viacom does not tell this to blockbuster corporate>when blockbuster finds out, there is already a shit ton of interest, and viacom has all of their profits>desperately try every quarter to pay off loans>1 mil loan becomes 3 mil then 5 mil, finally tens of millions of dollars are owed>go chapter 11, file for bankruptcy>Dish network buys Blockbuster Video, because they want to use the iconic Blockbuster Video logo to sell tv subscriptions, plus wants brick and mortar stores to sell tv subscriptions>closes unprofitable stores that were still around after chapter 11 closings>has 300 locations left>all are profitable>blockbuster is profitable as a whole again, especially in the North East>fast forward 2 years to 2013>Dish decides to go exclusively to streaming>considers selling BBV>no fewer than 3 companies are interested in buying>but Dish wants to keep Blockbuster logo for streaming service, cant do that if they sell the company>decide to liquidate stores, put 3000 people out of work, all over the rights to a logo>tell employees they are being laid off AFTER telling the news networksBlockbuster's problem was it was owned by two shitty corporations.
