Blockbuster


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Blockbuster

A real estate agent or company that convinces a homeowner to sell his/her property at a loss because racial and/or ethnic minorities are moving into the area. For example, a blockbuster may hire a Latino woman to walk around a neighborhood and act as though she lives there. Blockbusters seek both to profit from the resale of the house and to encourage people to buy homes in new developments. Blockbusting became common after desegregation, and became very controversial after its public exposure in the 1960s. By the 1980s, the practice had largely disappeared.
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Blockbuster executives said retail DVD sales have by far had the largest negative impact on the traditional store-based rental business and, to a lesser extent, so have online rental services such as Netflix Inc.
Some jobs may go to people who are currently unemployed, Blockbuster says.
At the Sherman Oaks Blockbuster store, 34-year-old Alfredo Cachi stopped by after work looking for some action movies.
With a highly recognized brand and a library of more than 125,000 movie and game titles, Blockbuster leverages its multichannel presence to serve nearly 47 million global customers annually.
Why blockbuster numbers continue to rise: a discussion of indication proliferation and under-forecasting of blockbuster potential.
For more information, check participating BLOCKBUSTER stores and online at Blockbuster.
Viacom stock, which had been dragged down by Blockbuster in the mid-'90s, has tripled in value in two years; Hollywood Entertainment, parent of Hollywood Video, is up 50 percent over a year ago.
The Stable Outlook reflects Blockbuster's improved financial flexibility, stronger liquidity position, and the company's cost cutting efforts that have enabled Blockbuster to improve Free Cash Flow despite ongoing revenue declines, and the Company's leading position in the rental entertainment industry.
10 /PRNewswire-FirstCall/ -- Today Blockbuster (Pink Sheets: BLOKA, BLOKB) announced the addition of games to the BLOCKBUSTER By Mail offering.
He promised last year that up to 20 percent of Blockbuster would be sold in the first half of 1999 with the rest spun off to shareholders during this year's fourth quarter.
As announced earlier today in New York, TWC, the multi-media enterprise launched by Bob and Harvey Weinstein, and Blockbuster Inc.