Blockbuster

Blockbuster to Shutter About 300 More Stores, Lay Off 3,000

The video-rental chain Blockbuster plans to close about 300 stores across the country, losing about 3,000 employees. The closures will leave about 500 Blockbuster locations in the U.S. In 2011, Dish Network bought then-bankrupt Blockbuster for $320 million.

Netflix: No, We Won't Stream New Releases

Netflix is the undisputed champ when it comes to streaming video. But there's one thing its competitors will do that Netflix won't: stream new releases. Will that be the company's undoing?

10 Surprising Brands That We're Starting to Love Again

Popularity can be fickle: One day America loves your brand; the next, you're passe. But every year brings some surprising rebounds, and you won't believe some of the companies that made 2012's list for most improved images in the eyes of U.S. consumers.

Starz Falls Out With Netflix: Who Will Take Advantage?

The Netflix Goliath was seriously weakened this week when Starz said it will pull its content from the company's streaming feed in February: Is it time for the industry Davids such as Redbox, Blockbuster and Amazon to pull out their slingshots?

9 CEOs Who Need to Be Fired

Last year, 24/7 Wall St. put together a list of CEOs who need to retire, basing its judgment on quarterly earnings, stock price, and innovation. Now, with most large public companies having reported their second quarter results, 24/7 is back with a list of nine CEOs who are performing so poorly that they ought to be removed immediately. Read on to find out who, and why.

Should Netflix Stream Its Video Business Into the U.K.?

Netflix is enjoying a period of rapid expansion, riding on the popularity of DVD-by-mail and online video streaming. The question for investors is: What's next? Netflix has signaled that it plans to expand abroad, and the U.K. is a likely target. But is Britain ready for Netflix?

After Blockbuster Deal, Dish Is Set to Take on Netflix

Most subscribers to Dish Network probably picked the satellite television provider based on its low cost. But now that Dish has bought the library of one-time movie rental powerhouse Blockbuster, it's poised to compete with the likes of Netflix for the streaming-video market.

Blockbuster Should Liquidate Instead of Reorganize

Blockbuster should liquidate instead of reorganize under new ownership because the video-rental store chain lacks the necessary cash to continue operations after a proposed sale is completed, Home Media Magazine reported, citing a division of the U.S. Justice Department.

Spring Is in the Air for Retail M&A

Retailers are getting back to business after the recession and showing stronger earnings, making them attractive targets for private equity investors -- and each other.

In This Corner, Netflix. In the Other Corner. . .Amazon?

Netflix, whose DVD-by-mail service hastened the demise of several video rental chains, may soon find itself under siege from Amazon. The world's largest online retailer appears to be on the verge of launching its own unlimited movie and TV-show streaming service.

The Plot Thickens: Netflix Users Angered By Latest Digital Twist

Netflix angered customers this week by removing the option to order DVDs via videostreaming consoles and mobile devices. The news that it was eliminating the "Add to DVD Queue" button in order to focus more on streaming videos has drawn thousands of comments, many critical of the company.

Finally, the End of the Line for Blockbuster?

Blockbuster has nearly run out of money again. It wants its bondholders to put up more capital as it wrestles to exit Chapter 11. If some of the bondholders balk, Blockbuster will almost certainly be sold off in parts. But what exactly does it have left to sell?

India's Internet Comes of Age with First $1 Billion Dot-Com

When tech writer Alex Salkever issued his five tech predictions for 2010 last year, he boldly proclaimed that India's nascent tech sector would see its first blockbuster startup emerge. That blockbuster turns out to be MakeMyTrip.com, and it's likely to be followed by many more in 2011.