
Blockbuster has announced a 435 million dollar loss for the fourth quarter after a 114 million dollar loss in the third quarter. In September it announced that they would be closing 960 underperforming stores. To revitalize its business, Blockbuster hopes to install 7,000 rental kiosks this year to help it more effectively compete with Redbox. It installed 2,000 kiosks in 2009.



