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Blockbuster enters administration threatening 4,200 jobs

16th January 2013

BLOCKBUSTER Entertainment is the latest High Street casualty, falling into administration with the potential for nearly 4,200 job losses.The film and games rental business, which has 528 shops across the country, is a victim of changing consumer habits as more people download and stream films.Administrators from Deloitte said the "core of the business" was still profitable and they hoped to preserve jobs and find a buyer.Joint administrator Lee Manning said: “In recent years Blockbuster has faced increased competition from, i......for the full story register now for free or login below...

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