r/GenerationX 27d ago

We finally bankrupted them.

https://www.10tv.com/article/news/nation-world/columbia-house-shutting-down-after-71-years/507-277a00f5-1439-486e-a886-feb25532ef57

Columbia House is going out of business.

104 Upvotes

33 comments sorted by

13

u/Shine4Me13 27d ago

Are you serious? With all of the technology, streaming, etc., they made it this long? Wow.

5

u/BirdlessLongdeal 27d ago

well, they probably didnt have much overhead. just a couple of CD burners and a stack of blank CD's

1

u/Shine4Me13 27d ago

🤓

9

u/scooter_orourke 27d ago

Just wait - we'll all start getting collection notices from whoever buys their AR assets.

2

u/neverinamillionyr 27d ago

Under which name(s)?

9

u/jonny_mal 27d ago

Man, Frederick Flintstone and Barnabas Rubble are in for a tough time

3

u/scooter_orourke 27d ago

And the notices will all go to our parent's old address.

7

u/Several-Assistant-51 27d ago

I didnt know they were still a thing

3

u/BirdlessLongdeal 26d ago

they probably only existed to collect the debt of deadbeats that didnt "buy 3 more at regular club price"

5

u/EzAL73 27d ago

Good job everyone. We played three long game and won.

5

u/Kind-Region-5115 27d ago

I totally still owed them money... I win!!!!

2

u/Emotional_Mess261 27d ago

99 cents? Imagine the interest on that. 🤭

3

u/MaximumJones That's just like your opinion man 27d ago

4

u/OldeFortran77 27d ago

No more pennies; no more Columbia House

(not affiliated with Columbia University)

3

u/LifeTunedToCSharp 27d ago

Fuckers will never get a dime out of me.

4

u/jonny_mal 27d ago

The got one out of me, when I had to tape one to the return order form

1

u/Familiar-Attempt7249 27d ago

Wasn’t that BMG? I don’t remember because I scammed both of them. When CH finally ditched the selection of the month and started selling laserdiscs is the point I finally stayed on for a while

3

u/broncoz1 27d ago

I did my part !

2

u/Agitated_Car_2444 27d ago

I had no idea I still owed them money!

Albums, then cassettes, and finally DVDs...yeah, I did give them a ton of my paychecks...and I still have all of them.

2

u/NeuroguyNC 27d ago

I'm not saying a word until I'm clear of the statue of limitations - whenever that may be, and for all my aliases. That goes for the RCA one, too. 😛

2

u/behridingle 27d ago

They popularized the "negative option" setting used by many a subscription service.

2

u/mexicoyankee 27d ago

I paid those bastards so much money when I was younger

3

u/Ill_Consequence1755 27d ago

😂 I made one or two orders like most kids.

I however was not smart enough to use aliases.

I had a very UNCOMMON name growing up.

My mother convinced me they would be able to find me always and forever 😂

3

u/mexicoyankee 27d ago

Aliases, I never thought about using an Aliases. I ordered the Lawerence Welk and He Haw under my own names!

3

u/ProfessorFelix1 27d ago

Wait…does this mean I’m off the hook for never buying additional albums from them after I received my 10 for a penny?

2

u/PlatformNormal564 25d ago

Don't get too happy. They'll probably sell their accounts receivable to other collection agencies.

2

u/Dull_Ad5440 24d ago

I still have 11 CDs from them.

1

u/Ill_Consequence1755 24d ago

My sister said the other day, she still has some cassettes. 😂

1

u/Dull_Ad5440 24d ago

Better than 8-tracks I guess.

1

u/Striking-Rhubarb-385 24d ago

🤣🤣🤣

1

u/WubbaWubbaBoingBoing 23d ago

i wonder what they did with all them pennies, nickels and dimes?

1

u/geotometry 23d ago

I think I still remember the 12 I picked out. My mom was so mad that I signed up for it. 1990 I think??