Blockbuster was once a staple of weekend movie viewing, nearly as much a part of home entertainment as the TV set.
As the beleaguered company once again rethinks its move-rental business, it continues to lose ground to Netflix and Redbox.
Amazingly, Blockbuster's stock is trading at 40 cents a share following the company's announcement that it had undergone another round of layoffs and corporate restructuring. Last month the once dominate video-rental chain informed investors that it would miss revenue expectations for the fourth quarter due to lagging holiday sales. Blockbuster said it expects to report a loss of … Read more