Columbia House filed for Chapter 11 bankruptcy protection on Aug. 10, 2015. Although Columbia House has declared bankruptcy, it still sells DVDs through its website. In September 2015, a judge approved a request that Columbia House be sold at auction. As of November 2015, the auction sale has not occurred.
Columbia House was formed in 1955 and was best known for selling a high volume of records, cassettes, and CDs at very low prices. In 2010, Columbia House stopped selling music products and began exclusively selling DVDs. Despite a shift in business plan, Columbia House continued to experience decreased revenues from 2010 to 2015, which led it to declare bankruptcy.