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ID: 25923
Title: Blockbuster 4Q profit drops on costs (AP)
Description:

A customer leaves with a movie rental at the Blockbuster store Tuesday, Feb. 27, 2007, in Sandy, Utah. Movie-rental company Blockbuster Inc. said Tuesday, Feb. 27, 2007 its fourth-quarter earnings fell 28 percent, largely due to costs to launch and promote its growing online rental business.(AP Photo/Douglas C. Pizac)AP - Movie-rental company Blockbuster Inc. said Tuesday its fourth-quarter earnings fell 28 percent, largely due to costs to launch and promote its growing online rental business. The company also said it is trying to resolve a dispute with chairman and chief executive John Antioco over his 2006 bonus.


Category: Business/Company Earnings/
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Date Added: February 28, 2007 12:39:21 AM
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