Blockbuster Racks Up $13.9 Million Q1 Profit

May 2012
Home Media Magazine;5/14/2012, Vol. 34 Issue 19, p1
Trade Publication
This article reports on the plan of U.S.-based video rental store chain Blockbuster LLC to close 100 underperforming stores in the second quarter of 2012. The company has downsized its retail stores to about 1,000 stores after its April 2011 acquisition by satellite television operator Dish Network. Factors contributing to the decision to close more stores are mentioned. A financial overview of the company is provided.


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