Blockbuster's Bargain: The Official Movielink Purchase Price [View article]
Makes you wonder why BBI could get the company for so cheap. The 8-K doesn't tell us exactly what Blockbuster got for their $6.6m. If they hope to build a streaming service, like the one Netflix provides, they will have to dump a lot of money into it to build it up...Money that blockbuster doesn't have. The current liquidity crunch isn't going to be helping them any, either.
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Latest | Highest ratedBlockbuster's Bargain: The Official Movielink Purchase Price [View article]