
Submission + - Netflix confirms it, Blockbuster is dying (cnet.com)
Mattintosh writes: So maybe it's not Netflix, just some blogger from C|Net, but it's still an external pundit's assessment that Blockbuster is failing as a company. Some notable highlights include heavy losses ($35 million), job cuts ($45 million worth), store closings (526 of them), a stock price in freefall ($5.06 at the end of Thursday), and an executive with his head in the sand.