20
Dec
10

Some big names that went under in 2010

The recession creeps on and it was a tough year for some iconic brands.

A&P – East Coast grocery chain.

Affiliated Media – Newspaper publisher including the San Jose Mercury News, which I grew up reading.

Ambac – Insurer of toxic mortgage backed securities.  Maybe Ambac should have read Michael Lewis’ “The Big Short”.

American Media – Publisher of the National Enquirer among others.  Wait, Angelina Jolie, Brad Pitt and Jennifer Aniston didn’t sell magazines like they used to?  I didn’t think that story could get tired.

Blockbuster – What’s Blockbuster?  I seem to remember it having something to do with renting VHS movies.

Hummer – Giant SUV’s.

MGM – Movie studio.  Doesn’t it seem like MGM is always filing for bankruptcy, about to file for bankruptcy, should file for bankruptcy?  Well, it did.

Mercury – Part of the Ford family of cars whose most memorable model was the……………..?

Movie Gallery – Ran Hollywood Video.  See Blockbuster.

Newsweek – News magazine.  People don’t read anymore.  Well, except this blog.

Pontiac – GM car division.  It had more memorable cars than Mercury at least.

So the story would appear to be that it was a bad year for cars, print media, and movies.   Looking forward to 2011.

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