Video-rental chain Blockbuster Inc. filed for bankruptcy protection in the United States on Thursday, as the company moved to refinance and cut its debt load. (http://www.cbc.ca/money/story/2010/09/23/blockbuster-bankruptcy-protection.html)

The company's Canadian operations said they are not affected by the move.

I was watching a report on the Onion News Network when this headline appeared:

"Netflix acquires Blockbuster just to rub it in"

Made my morning. :)