Columbia House Files For Bankruptcy

Welp. Another piece of my childhood... is dead. Columbia House has filed for bankruptcy. Parent company Filmed Entertainment Inc. filed for Chapter 11 bankruptcy protection and is seeking to sell off the last bits of the business. I can't imagine Columbia House is worth much anymore. At one point, it was a multi-billion dollar enterprise. Columbia House shuttered its music division in 2010 and was only focusing on DVD sales. With the continued popularity of streaming, the old media giant just couldn't compete.