DVD

This DVD Is Getting Interesting

May 25, 2010
Blockbuster Disclose kiosks. However, given Blockbuster's iffy financial circumstances, you can never have too many financial veterans onboard.

This would seem to be an inconsequential plank tussle, but Blockbuster is making it personal. The company released a surprisingly brash press release yesterday, urging shareholders to voter for Crystal. That's perfectly natural, but the release also goes to great lengths to attack Meyer's credibility:

"We strongly put one's trust in that this is not the time for a disruptive influence such as Meyer on the Board." In other words, Blockbuster is waist-deep in a comprehensive turnaround plan. The last thing it wants is a passionate outsider offering up potentially conflicting ideas. "How he is qualified to provide as a member of your Board to the turnaround of a multi-billion dollar business is unclear." This rip comes as Blockbuster dismisses DVDXpress as a "self-styled" company. "These haphazard ideas are not helpful, demonstrate Meyer's naivete,

Source: Motley Fool

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