- CEO
- Jeffery J. Stegenga
- Full Time Employees
- 25,000
- Sector
- Communication Services
- Industry
- Entertainment
- Address
- 2100 Ross Avenue Dallas TX United States of America 75201
- IPO Date
- Sep 20, 2004
- Business
- BB Liquidating Inc., formerly known as Blockbuster Inc., operates primarily as a holding entity currently in the process of liquidating its remaining assets. Founded in 1982 and headquartered in Dallas, Texas, the company originally specialized in providing rental and retail entertainment services including video tape and disc rentals through operated and franchised stores across the United States and internationally. Its main products and services historically comprised video rental services for movies and games both in physical retail locations and via franchise operations.
Since filing for Chapter 11 bankruptcy protection in September 2010, BB Liquidating Inc.'s reorganization efforts were converted to Chapter 7 liquidation in July 2013, after which it ceased active retail operations. The company presently holds no active principal products, services, customers, or intellectual property. It functions as a subsidiary of DISH Network Corporation but is fundamentally a shell company with no ongoing business operations. Notably, the company underwent a significant rebranding with its name changing from Blockbuster Inc. to BB Liquidating Inc. in August 2011 as part of the liquidation restructuring.
In recent years, the company has not launched new products or expanded into new markets but remains publicly traded in an over-the-counter market where it is mostly noted for its liquidation status and residual stock trading activity. BB Liquidating Inc. no longer maintains a presence in the video rental market or similar entertainment services, with all operations effectively wound down and remaining assets being liquidated under bankruptcy proceedings.