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Blockbuster Inc. is an American-based chain of VHS, DVD, Blu-ray, and video game rental stores currently under Chapter 11 bankruptcy. At its peak in 2009, Blockbuster had up to 60,000 employees. As of January 3, 2010, there were over 5,000 Blockbuster stores in the U.S. and 17 countries worldwide. Because of competition from other video rental companies such as Netflix, Blockbuster has seen significant revenue losses. The company filed for bankruptcy on September 23, 2010, and on April 6, 2011, was won by satellite television provider Dish Network at auction for roughly $320 million. Photo taken on April 10, 2011.