KMR - 25.02.10 08:14
Blockbuster’s net loss widened to $434.9 million in Q4 from $359.8 million last year. During the earnings call, Jim Keyes, Blockbuster’s chairman and CEO, said that the company will proceed cautiously as to how aggressive the company should be on store closing and pursuing its streaming and vending services. Keyes said he was encouraged by Netflix’s and Redbox’s agreements with Warner Bros. (NYSE:
TWX) on holding new releases for a 28-day window.

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