Heads up: Columbia House Canada Bankrupt - High-Def Digest Forums
Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 12-12-2010, 08:33 PM
Z_9999's Avatar
Senior Member
Thread Starter
 
Join Date: Nov 2008
Posts: 359
Default Heads up: Columbia House Canada Bankrupt

Just a quick note for everyone that Columbia House Canada has now gone into bankruptcy. Not a bargain, but now a loss for those using this service.
Mods: Feel free to move this into a different forum if necessary.

FROM COLUMBIAHOUSE.CA:
Quote:
December 9, 2010

Dear Customer,

Please be advised that on December 9, 2010, DB Media, DB Media Distribution (Canada) (formerly The Columbia House Company (Canada)) and their related partners (hereafter referred to collectively as “DB Media”) were assigned into bankruptcy in Canada. Alvarez & Marsal Canada Inc. (“A&M Canada”) was appointed Trustee in Bankruptcy (“Trustee”) of DB Media’s estate.

As a consequence of the bankruptcy, we regretfully inform you that DB Media will not be fulfilling any customer orders through its book and DVD clubs as of December 9, 2010 as the Canadian operations have ceased. The bankruptcy of the Canadian operations was taken in response to poor economic conditions.

A&M Canada, serving as Trustee, is now in the process of collecting amounts owed to the book and DVD clubs. If you have an outstanding amount owing to DB Media, we would appreciate immediate payment of your account in full. Should you have questions regarding your account, please contact:

Regarding the DVD Club: 416-299-8181
Regarding the Books Club: 416-977-7891

The Trustee is also in the process of liquidating DB Media’s other assets. Proceeds will be used to reduce the company’s debt.

If you have any additional questions on DB Media’s bankruptcy, please call Nick Macoritto of the Trustee’s office at 416-847-5173. In addition, a website has been set up which will include notices, documents and other updates which may be of interest to you: www.alvarezandmarsal.com/DBMD.

Yours very truly,

ALVAREZ & MARSAL CANADA INC.
Trustee in Bankruptcy of
DB Media Distribution Inc.
DB Media Distribution (Canada)
CH LLC and CH Sub LLC
Reply With Quote
  #2  
Old 12-13-2010, 09:01 PM
Senior Member
 
Join Date: Feb 2008
Posts: 397
Default

alas poor Ivan
RIP
Reply With Quote
  #3  
Old 12-13-2010, 09:10 PM
Former Member
 
Join Date: Jul 2007
Posts: 21,462
Default

wow.

wonder if the USA branch is in as deep of shit.
Reply With Quote
  #4  
Old 12-14-2010, 09:22 AM
Senior Member
 
Join Date: Jan 2008
Posts: 1,791
Default

Is this a good thing for people that haven't fulfilled their commitment to buy more movies at the crazy high price?
Reply With Quote
  #5  
Old 12-14-2010, 09:26 AM
nmcmahan52's Avatar
Senior Member
 
Join Date: Nov 2008
Posts: 12,219
Default

i cancelled mine a while ago, preordering braveheart/gladiator and not getting them for about a month after was the last straw for me
Reply With Quote
  #6  
Old 12-14-2010, 09:44 AM
Senior Member
 
Join Date: May 2009
Posts: 206
Default

Motherf**kers. They owe me three Blu-Rays that were due to be sent to me as coupons for me to redeem.
Reply With Quote
  #7  
Old 12-28-2010, 12:28 PM
mad mad is offline
Junior Member
 
Join Date: Dec 2010
Posts: 1
Default

ditto - is there anything we can do?
Reply With Quote
  #8  
Old 12-28-2010, 03:17 PM
mpbolly's Avatar
Senior Member
 
Join Date: Dec 2007
Posts: 865
Default

USA is next since they took away the coupon system and they no longer have any good B2G1 or B2G2 deals
Reply With Quote
Reply

Related Topics
Thread Thread Starter Forum Replies Last Post
Economy Claims Another Victim: Columbia House Canada Bankrupt Z_9999 High Definition Smackdown 4 12-13-2010 01:22 AM
Columbia House adds TONS of HD/Blu titles! project-blu General Discussion: Both Formats 1 08-22-2007 04:28 AM
Columbia House to carry HD & Blu-ray in 07!! mischa316 General Discussion: Both Formats 36 07-23-2007 05:32 PM
300 & Blades of Glory pre-orders at Columbia House dkny75 General Discussion: Both Formats 1 07-04-2007 08:47 AM
Columbia House Info mattman603 High Definition Smackdown 5 06-25-2007 07:06 PM


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off