24/7 Wall St. Daily News
Blockbuster (BBI), the world’s largest movie rental chain, has all sorts of problems. It is nearly*insolvent. It’s model of renting DVDs from stores has been largely bypassed by online rental operations*like NetFlix*(NFLX). VOD services from cable companies and internet providers from Amazon (AMZN) to Apple (AAPL) make is easy for the consumer to get films [...]
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
complete story here...