Tag Archives: blockbuster

Following predictions earlier this month, Blockbuster has apparently informed a number of its key partners that it will be entering into a pre-planned bankruptcy” agreement in mind-September. LA Times reports that the retailer’s chief executive Jim Keyes flew to LA last week to meet representatives from studios such as 20th …

The long and drawn-out demise of US rental giant Blockbuster looks to be reaching a conclusion with predictions that the retailer could file for bankruptcy as soon as the end of the week. Home Media reports that Blockbuster’s attempts to recapitalise to allow a shift in focus to multiplatform distribution …

Budget multiformat game Pure Football has been advertised by Blockbuster for 9.99 – less than two months after it hit store shelves. The retailer has placed a series of ads in Metro listing the game at 9.99. It is selling copies of Ubisoft’s five-a-side footie title on its website as …

It’s got to be a first person shooter. But a contemporary war game? Multiplayer only? The long-rumoured sci-fi shooter? What form Jason West and Vince Zampella’s first game under the guise of Respawn Entertainment will take is anyone’s guess, but you can be sure it’ll be big. Speaking to the …

Blockbuster UK is not closing any stores and is a profitable business, insists MD Martin Higgins.The firm broke its silence after news emerged that its US parent could face bankruptcy. MCV recently reported that Blockbuster is looking to sell its UK arm. However, Higgins has denied analyst statements that the …

The UK arm of rental and entertainment chain Blockbuster has finally spoken out about the ongoing speculation surrounding the British arm of the retailer. Speaking of the spiralling media reports, UK MD Martin Higgins stated: That kind of press is always a challenge for employees, suppliers and partners, and it …

Rental giant Blockbuster is looking to sell off its entire international business, including its 650-store UK operation. MCV understands that the retailer is in negotiations with landlords to reduce its store count to make it more appealing to potential buyers – placing some of its 5,000 UK employees at risk. …

The troubled tale of former movie rental giant Blockbuster has taken a turn for the worse with the company admitting for the first time that a fall into bankruptcy could be inevitable. So bad are the chain’s finances that the Financial Times claims it is having trouble securing the supply …

The European arm of rental specialist Blockbuster is up for sale, according to newspaper reports. The Scotsman claims that 50m is the asking price for the chain’s entire European network. That deal would include all 650 UK stores and 5,000 UK staffers. US finance house Winchester Capital has reportedly been …

Some of Blockbuster’s 650 UK stores could be at risk as the company seeks to slash property costs. MCV understands that the retail giant has recruited KPMG to help renegotiate rents and leases with landlords, which could result in the closure of UK stores if agreements can’t be reached. However, …