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Blockbuster Closing 300 More Stores in the U.S. Blockbuster Closing 300 More Stores in the U.S.
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As media consumption shifts to streaming and downloaded products, retailers of physical entertainment media are being forced to change rapidly or die ignoble deaths. At the same time that Blockbuster U.K. has entered administration (bankruptcy) and announced 160 of its …

YouTube Getting Serious About This Video Rental Thing
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YouTube recently started experimenting with renting video content as a potential new way for content producers to make money, which led to the question: will YouTube be the place to rent movies in the future?

Blockbuster May Have Busted Its Last Block

Mom-and-Pops might get to watch Blockbuster close up shop for a change. In a filing with the SEC, the movie rental company acknowledges it may not be able to secure a $250 million loan to continue operations.

Blockbuster, which operates 7,400 stores in 20 countries, had hoped to close next month on financing that would float them until 2010. Because of lender reluctance and the illiquidity facing the larger economy, however, the company may not be able to meet lenders’ terms. From the SEC filing summary: