Blockbuster Uses Canadian Stores As Collateral To Make Deal With Fox & Sony

Blockbuster Uses Canadian Stores As Collateral To Make Deal With Fox & Sony

Never you mind Blockbuster has admitted they might need to declare bankruptcy, or that it’s in danger of being thrown off the NYSE, or that its single biggest investor dumped his stock in a 3-day fire sale… the once-majestic video rental giant is still gripping onto life with both of its arthritic hands, having signed deals with two more studios — Fox and Sony — that will allow Blockbuster to make new movies available across multiple platforms on the day of release. [More]