Tuesday, 16 March 2010

Blockbuster Entertainment Could Be Up For Sale

Recent newspaper reports have claimed that the European arm of Blockbuster is up for sale for £50 million. Any future purchaser of this part of Blockbuster would be taking on 650 of their UK stores and approximately 5,000 staff.

This further adds to issues covered in earlier reports of possible closure of some of Blockbuster’s UK stores. That and the knock-on effect of online film rental services taking customers away from the traditional ways of renting films and games can only have added to Blockbuster’s current financial position.

Either way, all the best for the company’s employees that they retain their jobs if the company changes hands.

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