Home | Business News | Browse by Publication | M | M2 Presswire

Current Research on Blockbuster Inc.

Publication: M2 Presswire
Publication Date: 28-FEB-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-28 February 2007-bellwetherreport.com: Current Research on Blockbuster Inc.(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:28022007

When it comes to renting movies, this company is a Blockbuster. Blockbuster is the world's largest video rental chain, with more than 8,000 company-owned or franchised stores in 25 countries (about 62% are in the US). The company rents more than 1 billion videos, DVDs, and video games at its Blockbuster Video outlets each year. It also operates Blockbuster Online and has marketing partnerships with companies such as Time Warner and DIRECTV. At one point entertainment giant Viacom (now CBS Corp.) owned about 80% of Blockbuster. The business never provided the solid profits Viacom had hoped for, and the media giant finally spun off its entire stake in Blockbuster to the public in late 2004.

Shares were down 4% since posting a drop in fourth quarter profits.

BellwetherReport.com is a leading online research firm for international investors looking to get an edge over their portfolio. Investors seeking the most up to date information on Blockbuster Inc. are invited to sign up for a free complimentary subscription to www.bellwetherreport.com. No credit card...



More articles from M2 Presswire
Global Knowledge extends ITIL training capability to meet growing dema..., February 28, 2007
Current Research on United Parcel Service Inc., February 28, 2007
Moldflow Corporation vs. the Global Market., February 28, 2007
Sierra Health Services Inc. is Added to Watch List., February 28, 2007
Techlabs Receives Investment from Eline Entertainment Group., February 28, 2007

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.