Netflix just got a monopoly of sorts....
Amplify’d from latimesblogs.latimes.com
After dominating the home video rental business for more than a decade and struggling to survive in recent years against upstarts Netflix and Redbox, Blockbuster Inc. is preparing to file for bankruptcy next month, according to people who have been briefed on the matter.
Executives from Blockbuster and its senior debt holders last week held meetings with the six major movie studios to discuss their intention to enter a “pre-planned” bankruptcy in mid-September, said several people familiar with the situation who requested anonymity due to the sensitivity of ongoing talks.
Read more at latimesblogs.latimes.com
See this Amp at http://amplify.com/u/99y4
No comments:
Post a Comment