There has got to be some truth to the rumor going around ???
Why would Netflix care about anything Blockbuster has to offer? Its like saying that a successful car company should buy out a bankrupt horse carriage business. Why???
Also, if there is anything Netflix wants, they will just get it during liquidation, which in my opinion is inevitable unless Blockbuster manages to reinvent itself which is highly unlikely under its current management.
in business world you buy out even dead horse to keep out any help from outside to get that horse healy and running again to compete with you..
NFLX can buy BBI to close down all other store to help himself, or get BBI account to get them sign for their mail order and other service instead of waiting for some other big pockets to buy BBI and become another redbox..
NFLX has Blockbuster down on the floor right now, if they buy us out for peanuts they have little to no competition...If they allow Blockbuster to get back on its feet that would be a mistake by their management team....NFLX would be smart to take us out...