FYI per Hacking Netflix:
Consumerist reports that Blockbuster will not accept gift cards after April 6th, according to a notice posted at a Blockbuster store.
In a related story, Erik Gruenwedel from Home Media Magazine reports that Blockbuster officially goes on the auction block on April 4th, after losing $68 million in the last quarter.
Separately, Blockbuster officially goes on the auction block April 4, with bids accepted beginning at 10 a.m. EDT. If no legitimate offers exceed the opening “stalking horse” bid of $290 million, that bid by a group of senior lenders dubbed Cobalt Video Holdings would likely be declared the purchase price at a post-auction hearing slated for April 7.
U.S. Bankruptcy Judge Burton Lifland overruled objections to the “stalking horse” bid, amid other concerns, in a hearing March 17.
Thanks to Bob for sending this in.
Consumerist reports that Blockbuster will not accept gift cards after April 6th, according to a notice posted at a Blockbuster store.
In a related story, Erik Gruenwedel from Home Media Magazine reports that Blockbuster officially goes on the auction block on April 4th, after losing $68 million in the last quarter.
Separately, Blockbuster officially goes on the auction block April 4, with bids accepted beginning at 10 a.m. EDT. If no legitimate offers exceed the opening “stalking horse” bid of $290 million, that bid by a group of senior lenders dubbed Cobalt Video Holdings would likely be declared the purchase price at a post-auction hearing slated for April 7.
U.S. Bankruptcy Judge Burton Lifland overruled objections to the “stalking horse” bid, amid other concerns, in a hearing March 17.
Thanks to Bob for sending this in.
