Blockbuster UK finds buyer
With GAME's troubles of last year, the demises of Blockbuster and HMV left UK high street games retail with worryingly threadbare prospects. The administration process leaves Blockbuster with just over half of the 500 stores it had before, while HMV's high street presence is facing a similar level of cutback. However, both the Telegraph and the Financial Times are reporting restructuring specialist Hilco is close to securing a deal to buy HMV, having taken control of the retail chain's debt.
Posted:
Related Forum: PC General Forum
Source: http://www.joystiq.com/2013/03/25/blockbuster-uk-finds-buyer/
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Comments
MTVPosted:
Smurfs The Blockbuster near my house closed a few months ago.
Yeah same thing happened with me
322Posted:
DrumstepIccyHorizon Wow nobody uses blockbuster anymore. Im suprised some one would buy it.
This is like South Park.
Well I use the one down the street to see if I like a game
5-15 years they will go bankrupt if they don't open an online store much like netflix. everyone is moving away from physical rentals because of the immediate access and cheaper prices the internet has.
neboPosted:
IccyHorizon Wow nobody uses blockbuster anymore. Im suprised some one would buy it.
This is like South Park.
Well I use the one down the street to see if I like a game
BimmerPosted:
Wow nobody uses blockbuster anymore. Im suprised some one would buy it.
This is like South Park.
This is like South Park.
undisclosedPosted:
MayaDrumstepWoobie It won't last. Video stores are a dying breed.
thanks to netflix
Yeah, way easier.
With Netflix, Hulu, and redbox I don't think they will be able to make a profit
undisclosedPosted:
ummm yeah. Why would anyone want to buy blockbuster. Unless they have some pretty amazing plans for it it is going to fail.
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