Consumer Confidential: Columbia House — 12 Albums for a Penny! — Files for Bankruptcy

Before there was iTunes, before there was Spotify — heck, even before Al Gore rolled up his sleeves and invented the Internet — there was Columbia House. The company defined mail-order music for generations of shoppers and pioneered some of the most obnoxious, misleading and hard-to-remedy marketing tactics ever inflicted on consumers. And now Columbia House, bless its evil little heart, is bankrupt. The owner of the company, Filmed...

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