The PrestigeTo suggest that Blockbuster is going bust would be in error: The storied and once-ubiquitous DVD chain enjoyed revenue of more than $910 million during the third-quarter of this year, according to the Los Angeles Times.

Trouble is, that third-quarter figure represents a precipitous 21 percent drop from the $1.1 billion in revenues that were recorded for the third quarter of 2008, a time when the depths of the Great Recession were first being probed and Blockbuster was announcing drastic plans to restore itself to fiscal health. A year later, Blockbuster stock trades below $1 a share, a signal to wary investors that the company may still not have found a safe way out of the recessionary woods.
categories Movies