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Blockbuster announced its entrance back into the video streaming game in January after pledging to exit that market late last year. Today, Blockbuster's reincarnation as a video streaming service continues, as the company rolled out its On Demand app for iOS, bringing "thousands" of movies to iPad...

May 2nd 2013 at 1:54pm 0 Comments
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Restructuring and investment firm Gordon Brothers Europe bought Blockbuster UK over the weekend. The multimedia rental and sales chain entered administration in January, a month which also saw Blockbuster's US arm close a further 300 stores. Gordon Brothers Europe acquired the retailer's 264 UK sto...

March 25th 2013 at 1:00pm 0 Comments
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When Blockbuster's UK brand entered administration at the start of the year, there were concerns that it would ultimately prove just another casualty of the inexorable move toward online video. Not quite: Gordon Brothers Europe, a private equity firm known for rescuing troubled companies, has boug...

March 24th 2013 at 2:30am 0 Comments
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We recognize this is all epilogue to whatever tenuous relationship Blockbuster ever had with games, but Dish Network recently stated it would close 300 Blockbuster locations, with job losses estimated at about 3,000. Dish Network Corp., the company which purchased Blockbuster back in 2011, confirme...

January 22nd 2013 at 1:00pm 0 Comments
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Deloitte, the group handling the administration of Blockbuster UK, will close 160 of the retailer's 500 stores. Blockbuster UK went into administration Wednesday, appointing Deloitte to the task of handling the bankruptcy proceedings and finding a buyer for the company.Lee Manning, an administrato...

January 20th 2013 at 6:00pm 0 Comments
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Blockbuster UK has entered administration (UK bankruptcy), with 500 stores and 4,190 jobs hanging in the balance. ITV reports Deloitte, which is also handling the administration of HMV, has been appointed to handle the bankruptcy proceedings and find a buyer. The HMV situation involves 239 stores a...

January 16th 2013 at 10:15am 0 Comments
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If the sight of remaining Blockbuster stores shocks you, brace yourself for another surprise: it could soon be selling smartphones alongside your '80s comedies. Dish Networks may have dashed its dreams of turning Blockbuster into a Netflix competitor, but according to a pair of Bloomberg sources,...

December 5th 2012 at 6:19pm 0 Comments
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They must be pretty far down the idea list over at Blockbuster Video, because this one suddenly appeared out of left field. The video rental chain has released, of all things, an iPad-based digital magazine. Blockbuster Magazine, available through Newsstand, is a free publication featuring tr...

November 19th 2012 at 9:30pm 0 Comments
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Warner Bros. may have doubled its 28-day embargo on new releases for kiosk operators (even if they side-step it), but endangered bricks-and-mortar rental stores could be treated to the exact opposite. A rumor coming from Home Media Magazine's unnamed sources suggests the WB is going to ditch the e...

October 25th 2012 at 1:40pm 0 Comments
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It's been an especially bumpy road for the Blockbuster brand these past few years, and things just got a bit more rough. In an interview with Bloomberg, Dish Network founder and CEO Charlie Ergen confirmed that the company is abandoning its current efforts to challenge Netflix with Blockbuster, sa...

October 5th 2012 at 12:27pm 0 Comments