Blockbuster - Latest Popular Stories, Instablogs Community

Can Blockbuster be saved?

Shelly — Mon, 01 Sep 2008 19:02:25 +0000

Once the leader in rentals and the place where practically everyone found time to stop after work and pick up a few movies, Blockbuster is now a shadow of its former...

Blockbuster 2Q loss deepens despite sales progress

AP — Thu, 07 Aug 2008 14:56:08 +0000

Blockbuster Inc.’s second-quarter loss deepened, but the struggling movie rental chain showed some signs of progress by wringing more revenue from its stores while lowering its...

Circuit City shares fall as Blockbuster yanks bid

AP — Wed, 02 Jul 2008 16:52:15 +0000

Circuit City Stores Inc. plummeted to historic lows in trading Wednesday after Blockbuster Inc. withdrew its takeover bid, causing investors to question the consumer electronics retailer’s future.Shares of the Richmond, Va.-based company fell...

Blockbuster withdraws plan to acquire Circuit City

AP — Tue, 01 Jul 2008 23:28:04 +0000

Blockbuster Inc. is withdrawing its proposal to acquire Circuit City Stores Inc.Chief Executive James Keyes said in a statement Tuesday that based on market conditions and the completion of its due diligence process, the company decided it...

Blockbuster unveils in-store kiosk prototype

AP — Wed, 28 May 2008 18:19:55 +0000

Blockbuster Inc. unveiled a prototype of an in-store kiosk for downloading movies at its annual meeting on Wednesday, part of its plan to transform into more than just a DVD rental chain.Blockbuster’s proposed takeover of electronics retailer...

Blockbuster swings to 1Q profit on US sales growth

AP — Thu, 15 May 2008 12:41:17 +0000

The movie rental chain Blockbuster says it swung to a first-quarter profit on lower expenses and improved results from its subscription service and domestic sales growth.The Dallas-based company reported Thursday its earnings after preferred...

Icahn prepared to buy Circuit City if Blockbuster can't

AP — Fri, 09 May 2008 13:30:54 +0000

Circuit City Stores says it will allow Blockbuster to review its books in connection with the video-rental chain’s bid to buy the consumer electronics retailer.Circuit City also revealed Friday that it has received a letter from Blockbuster...

Blockbuster sued over Facebook ad feature

AP — Fri, 18 Apr 2008 00:59:50 +0000

A Texas woman has sued Blockbuster Inc. alleging the video rental company transmitted her personal information to Facebook.com through the Web site’s Beacon marketing program.Cathryn Elaine Harris, of Dallas County, Texas, claims that Beacon,...

Blockbuster plays for Circuit City

Aparna — Tue, 15 Apr 2008 18:31:57 +0000

The next time you drop by to rent a flick you may pick the plasma TV too. In what is billed as a game-changing retail concept, Blockbuster Inc. has offered to pay more than $1 billion for struggling Circuit City Stores Inc. Blockbuster...

Blockbuster Offers to Buy Circuit City

AP — Mon, 14 Apr 2008 14:36:53 +0000

Blockbuster Inc. said Monday it has offered to pay more than $1 billion for struggling Circuit City Stores Inc., but the nation’s second biggest consumer electronics chain questioned whether the movie-rental company can finance the...