Things are looking very bleak for the former video rental juggernaut Blockbuster Video. After shuttering 374 stores last year, the company is now planning to close an additional 500 locations.
The news comes after Blockbuster posted a quarterly...
Yesterday, Blockbuster disclosed that it might not be able to stay in business. This comes only a week after the company revealed that it had a recently-amended $250 million revolving loan that matures in September of next year. The loan relies on...
Things are going from bad to worse for Blockbuster. Store closings, bleak financial statements, and now the company could potentially be dropped from the New York Stock Exchange. According to Forbes today, Blockbuster has fallen below the market...
Things are looking bleak for Blockbuster. The former video rental giant is in the process of closing hundreds of its stores, and now it's finding itself in a massive financial hole.
The company filed its annual report on Tuesday, which stated...
Blockbuster has yet another way to get their movies into your home. And this one looks like it could make a bit of a splash. Blockbuster has been losing the battle with Netflix, with hundreds of stores shutting down recently. Their...
Got game? Blockbuster Total Access wants your business. The company is starting a new program to offer video game rentals as part of its movies-by-mail service. They're going to start with a limited number of subscribers when the program...
The next few months might prove to be the swansong of Blockbuster Video. According to the Los Angeles Times, the company has been discussing with movie studios its intentions to file for bankruptcy in September. Over the last week, Blockbuster...
We go on and on about digital downloads, video-on-demand, and even mail-order movie delivery. Let's face it, there's lots to talk about there. It's easy to forget that your neighborhood Blockbuster stores are still around, and still account for...
There has been a lot of talk lately about all the various boxes that now stream Netflix's on-demand service, but Blockbuster is apparently eager to remind us that big red isn't the only game in town. Starting in the fall, owners of certain...
Talking about the economy is like talking about the weather at this point. It's chit-chat, conversation padding that everyone knows about. It's also the reason Blockbuster is closing almost a thousand stores by the end of next year.
According to...