Blockbuster Inc. is like a slasher-flick villain that just won't die. In spite of what appear to be deep and devastating blows to its business - the rise of Netflix and mail-order movie rentals, in-home use of DVRs and video-on-demand via cable, and Apple's recent introduction of online film rentals - Blockbuster adapts and lumbers onward.
Movie Gallery Inc said Monday it has failed to meet the terms of its senior credit facility and that it is considering putting itself up for sale - news that sent the company's shares tumbling.
Blockbuster Inc. announced Monday it is expanding the inventory of high-density Blu-Ray discs to 1,700 stores by July, in response to the rising popularity of high-definition DVDs.
CNNMoney: Stock turkeys of 2005updated: Tue Nov 22 2005 11:11:00
With Thanksgiving just days away, Wall Streeters have turkey on the brain.
CNNMoney: Stocks ready to dealupdated: Mon Mar 28 2005 05:50:00
Stocks were poised to get a lift Monday from falling oil prices and a $10 billion deal in the technology sector.
Blockbuster Inc. is dropping its nearly $1 billion hostile bid to acquire Hollywood Entertainment Corp. by not extending its expired tender offer, citing difficulties in getting regulatory approval in time.
RIVAL SUITORS! CUTTHROAT BATTLES! Lawsuits! You can catch all this action at Blockbuster but not on the store shelves. No, this Oscar-worthy drama is being played out inside the executive suite of ...
CNNMoney: Ordering a selloff?updated: Thu Feb 03 2005 05:41:00
Disappointing results from online retailing leader Amazon.com could take stocks lower in early trading Thursday, although investors will also get a chance to weigh economic and sales reports before the markets open.
Blockbuster Inc. announced Tuesday it is abolishing late fees on all its video tapes, DVDs and video games as of Jan. 1.
In Bond Biz, He's Worth the Fuss
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