The Action Catalyst
CLIP: What REALLY Happened to Blockbuster
James Keyes
We had to put the aircraft in a bit of a dive, if you will, preserve cash. and get to a safe altitude to be able to then climb back up. So we took it through a restructuring and had a successful sale of the entity to Dish Networks. So in spite of popular belief, Blockbuster didn't liquidate. They didn't go away.
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