Blockbuster back in administration

Updated
Blockbuster in administration
Blockbuster in administration

Struggling DVD rental chain Blockbuster faces being broken up by Christmas after it formally went into administration today - for the second time this year.

Corporate recovery specialists, who have now taken charge of its future, say parts of the business have attracted the interest of potential buyers - though some are only eyeing up store sites to be taken over as Morrisons did earlier this year.

Advertisement