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Blockbuster may have finally run through its nine lives. Several media reports say that the company's talks with creditors have stalled.
Take-Two Interactive, publisher of popular video games such as Grand Theft Auto, announced disappointing earnings Thursday. But that didn't deter Carl Icahn from buying an 11 percent stake in the company the same day.
Blockbuster (BBI) has been bested in the online video rental business by NetFlix (NFLX) and in the online video-on-demand business by a number of other companies. The bricks-and-mortar video store firm's shares have fallen from over $10 five years ago to $0.63 as trading opened today. But it's...
Sony (SNE) and Netflix (NFLX) announced late Sunday that the movie rental company will offer films over the internet that can play on the PlayStation 3. According to the deal, PS3 subscribers will have access to movies from the rental service by loading a new Blu-ray disc, available free from...
If Blockbuster (BBI) continues to lose sales at this rate, it could be gone completely in a couple of years. For its latest quarter, revenue dropped to just over $1 billion from $1.3 billion in the same period a year ago. Because of extremely aggressive cost cutting, net loss was $39.7 million, or...
Netflix (NFLX) has been able to hold off attempts by Blockbuster (BBI) to challenge its CD-through-the-mail model. It has also added an internet streaming video product to fight VOD from cable and new companies that send movies over the internet. Now, Netflix is being challenged by a low-tech,...
Most people haven't made it a Blockbuster night in years. Blockbuster Inc. (BBI), the largest video rental chain, has been fading slowly to black for some time, and nothing appears likely to slow that down. Blockbuster's net income for the first quarter fell to $27.7 million, or 12 cents per share,...
Add old-fashioned phone lines, known as land lines, to the list of soon-to-be-extinct things that still have plenty of value. Verizon (VZ) agreed to sell 4.8 million land lines to Frontier Communications (FTR) for about $8.6 billion in stock and cash yesterday. Verizon wants to focus on its...
A U.S. District Court ruling could have wide-ranging and perilous consequences for internet commerce and community sites. Blockbuster (BBI) has been fighting a potential class action suit over its involvement in the now infamous attempt by Facebook to monetize its site by sharing members'...
Blockbuster Inc. (BBI) has gone through more lives than most cats. It reinvents itself more often than Madonna and is viewed by some as more washed up than Mickey Rourke before "The Wrestler." Yet despite everything from Netflix Inc. (NFLX) to cable on-demand services to 99-cent rental services, it...

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