Blockbuster bids on Circuit City

chautemoc | April 14, 2008 | Industry News | Company Misc

Entertainment retail giant Blockbuster has put up a bid for $1bn on competiton Circuit City in hopes of increasing its market share. Blockbuster has been known by some as losing significant portions of money in the last number of years: $1.6 billion in 2002, almost $1.0 billion in 2003, and $1.2 billion in 2004. In 2007 James W. Keyes (former president and CEO of 7-Eleven) took over and began to remodel the chain.

The entertainment retailer [suggested] that the move would help it compete more efficiently with the likes of Best Buy and Apple's retail operations.

Blockbuster's chief executive James Keyes claimed that the combined company, which would sell both games and consoles, would be well placed to take advantages of the synergies an all-in-one shop would allow.

2 comments | go to source (www.mcvuk.com) | Add to favorites!

favourite this article |

send to friend |

add alt source

80	Blockbuster to carry DS titles (6) April 30, 2008
224	Blockbuster to have 'New Releases' for games (10) April 27, 2008
56	The Sun Sets On Paradise City (2) June 12, 2008
61	Animal Crossing: City Folk preview -- Is it worth it? (8) July 23, 2008
64	IGN Animal Crossing: City Folk Hands-on (8) July 16, 2008

Comments

Comments with -10 or lower "thumbs" are removed from display.

0 thumbs!
Euraces | April 14, 2008

I have to in my opinion honestly agree, it would be good for the market, just imagine if there bet takes, expandability is good for Blockbuster.

Very good
0 thumbs!
Final Blade | April 15, 2008

_{I don't like this to be honest. I like circuitcity, besides blockbuster sucks.}

This news story is archived and is closed to comments now.

Recent Forum Threads

Removing "Thumbs down"... [40]

Jul 24, 08 by Reenee NLI

[Bug] Favorites not working [4]

Jul 23, 08 by Deathsythe

Becoming a GameGrep poster. [2]

Jul 23, 08 by Armed Rebel f

[Feedback] On the search engine [3]

Jul 23, 08 by Gothic Girl

[Suggestion] Update the... [0]

Jul 23, 08 by Gothic Girl

[Suggestion] Comments [1]

Jul 23, 08 by DragoniteBallZ

Recently Approved

First-ever Fatal Frame IV interview ... Explains the camera weapon, the plot, and why FFIV is the best in the series

45 mins ago

Can't wait for release for some Resistance 2 action? Then get Qore issue 3

45 mins ago

The Dark Knight game is in the works. Gary Oldman said so!

1 hours 30 mins ago

Nintendo finally working on storage solution!

1 hours 34 mins ago

Capcom will not get rid of Gore to lower Resident Evil 5's rating

2 hours 11 mins ago

"Secret Tape" reveals Tecmo has been lying in their Court Case against Itagaki

2 hours 56 mins ago

Last Commented

Rumor: MAJOR PS3 exclusive to be announced on August 3rd!

1 hour ago

GamesRadar's Top 7 Laziest Character Cliches

1 hours 59 mins ago

E3 Going Public in 2009?

2 hours 8 mins ago

"Secret Tape" reveals Tecmo has been lying in their Court Case against Itagaki

2 hours 19 mins ago

FF7 Remake/Spin-Off Possible?

2 hours 32 mins ago

Feminists are upset over "Fat Princess"

2 hours 37 mins ago

Top Games

Final Fantasy VII

Final Fantasy X

Super Mario Bros.

Halo 3

Final Fantasy VIII

Metal Gear Solid

Samba De Amigo

Mega Man 9

Top Contributors

This Month

Gothic Girl 2433 pts

chautemoc 1355 pts

Deathsythe 1091 pts

Tyranitar24 1069 pts

Akira_EX 849 pts

Silver Mir.. 841 pts

Cruxis Mana 297 pts

Krunal 259 pts

Final Blade 252 pts

tallteen86 239 pts

All-Time

Gothic Girl 16692 pts

Krunal 12070 pts

Linkin Par.. 9940 pts

Final Blade 8858 pts

xsynergyx 8079 pts

Silver Mir.. 8027 pts

mistermostyn 7868 pts

chautemoc 7807 pts

ITANI 6350 pts

Akira_EX 6029 pts

Stats

Today

Published News:	6
Comments:	20
Points Given:	94
Users Registered:	0

This Month

Published News:	535
Comments:	4990
Points Given:	9485
Users Registered:	34

All Time

Published News:	10214
Comments:	69364
Points Given:	164334
Users Registered:	509

Latest Images

	Video game art transitioned to real life scenes
	The 8 Worst Game Character Makeovers Ever
	I-Fluid: the challenges of being a drop of water
	New Hentai Game ... Aimed at 12 Year Olds?
	Forget Megaman Shirts... These MGS4 Shirts are the Best Gaming Shirts ever!
	Mario, Waluigi take steroids? Bowser's test results positive!
	Pirate-ish MMORPG 'Florensia' beta opens
	The Great Tree comes to Mac
	[ Rumour ] PSP-3000 Series In The Works
	GamesRadar's Top 7 Laziest Character Cliches

Videos

	Brand New Fatal Frame IV Trailer!
	GotGameTV Gets Fallout 3 (To Preview)
	Zero Punctuation: Age of Conan
	X-Play Access Bioshock
	Black Prophecy debut trailer
	Metal Gear Solid fan-made movie in the works... Here's the trailer!
	Are you missing your zombie horror? Here's the creepy new Siren trailer!
	Tomb Raider Underworld E3 trailer ... It's amazing!
	The Best and Worst trailers of E3
	Miyamoto likes Killzone 2?