Top
All Channels
50°

Blockbuster posts $65 million loss in Q1

Hollywood Reporter: Blockbuster reversed last year's quarterly gain, and its stock reversed in after-hours trading Thursday.

The nation's top bricks-and-mortar renter of movies lost $65 million in its fiscal first quarter ending April 4 compared with net income of $28 million a year ago. Revenue retreated 14% to $939 million.

Read Full Story >>
hollywoodreporter.com