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 purchased 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's Future is Up for Auction

Blockbuster on Monday kicked off the confidential auction process that will decide its future. Billionaire Carl Icahn and others have bid for the troubled video-rental chain.