Says Daily Finance:
Blockbuster's long anticipated bankruptcy filing is apparently headed down the final stretch and could come by the end of the week, according to a Wall Street Journal report. One of the cost-cutting moves the video chain is teeing up calls for 500 to 800 additional store closures beyond the nearly 1,000 it previously planned, the article notes.
Netflix, meanwhile, is launching streaming-only service in Canada for $7.99 a month.
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