Blockbuster Canada To Close Remaining 253 Stores, YouTube Movies Comes To Canada

Toronto - Blockbuster Canada will be closing down its remaining stores by the end of the year.

Grant Thornton Ltd., the accounting firm that was selected in May to oversee the movie rental chain’s receivership proceedings, stated in a news release Wednesday that it is seeking an order on Sept. 6 from the Ontario Superior Court of Justice at a hearing to wind down the video store’s operations and shut down the remaining 253 stores.

The firm explained that they could not locate a suitable acquirer to make the necessary investments into Blockbuster Canada.

If the court approves the request, the closure process would begin in only a few days. Therefore, the company would not be obligated to accept loyalty-rewards programs and/or gift cards.

“We appreciate the ongoing support and wish to thank Blockbuster Canada Co.'s employees, customers, suppliers and other stakeholders during this difficult period,” said Granton staffer, Michael Creber.

Earlier this summer, approximately 150 Blockbuster Canada stores were closed.

One day after Blockbuster Canada’s grim news made the headlines, Google quietly announced on its blog that its popular online movie rental service, YouTube Movies, will be coming to Canada.

In the United States, YouTube Movies has been operating since May, but now Canadians can view both major Hollywood blockbusters and independent motion pictures online. The new YouTube service has a catalogue of approximately 3,000 films.

Those who have a computer, a YouTube account and a credit card can rent older movies for $3.99 and new flicks for $4.99. The rental period lasts between 24 and 48 hours, but it depends on how new the picture is.

“Many movie pages feature YouTube Movie Extras -- free behind-the-scenes videos, cast interviews, parodies, clips and remixes from YouTube’s unique community of content creators,” wrote Google in its blog. “Over time we'll also be adding additional videos and features to YouTube Movie Extras so that you can get even more into movies on YouTube.”

Comments

Housewife In Dubai Accused Of Attempted Murder Of Housemaid

A Yemeni housewife is facing prosecution in a Dubai court for allegedly attempting to murder her 18-year-old Ethiopian maid by throwing her over a balcony. Ironically, the young maid who survived the murderous attack was at first charged with jumping from a third floor balcony in an attempted suicide bid. Fortunately, the court decided that the housemaid, referred to as Z.A., did not attempt to commit suicide, the Gulf News reports. The maid claims that her 27-year-old employer battered her face with a hammer, beat her with a rope and threw her over the balcony. It has now been corroborated by evidence. Allegations of ongoing torture and withholding of salary are provided as further examples of the employer's abuse. According to Newsdire , the maid entered the courtroom in a wheelchair after sustaining injuries from the fall. She also suffered a speech impediment from the hammer attack. An Ethiopian man from the same village as Z.A. testified ...

Are The US And Israel Bluffing Iran With An Attack To Force Changes In Policy?

To imply that the Armed Forces of the United States of America has the manpower, ammunition, funding, and especially the stamina, in order to try and compete militarily with a well rested, well funded and heavily armed Iranian Armed Forces would be a major mistake. In order to extend their current combat missions into Iran, alongside Israel, the entire combined NATO forces, or even the entire Allied Command is nothing short of ludicrous. The Western Powers and their allies have been running wildly in Iraq and Afghanistan since 2002, when they went to the Middle East to shock the awe out of them, topple Saddam Hussein and hunt the Al-Qaeda terrorist organization. The Iranian Armed Forces, main combat units, contain an estimated 550,000 soldiers, sailors and airmen. The Revolutionary Guard, the elite branch of the Iranian Armed Forces, their version of our "Green Berets", have command of an estimated 3 million combat ready reservists out of a claimed enrol...

Colonel Gaddafi Will Not Be Given Safe Haven In Algeria

Colonel Gaddafi will not be given a safe haven in Algeria if he attempts to join family members there who have been given leave to stay on humanitarian grounds. Algeria is well aware of the international condemnation and security problems it may encounter through allowing Gaddafi's wife and children to cross over the border. Unlike Gaddafi though, his family members in Algeria are not subject to arrest warrants from the ICC. According to Press TV , Algerian foreign minister Mourad Medelci says that if Gaddafi does come knocking at the Algerian door he will not be granted entry. "The hypothesis that Gaddafi could knock our door was never considered," said Medelci. Meldelci also added that Algeria, which has so far refused to accept the legitimacy of the Libyan rebel National Transitional Council, may be willing to do so if a government is formed that represents all regions of Libya. Algeria has particular worries regarding Islamists, and worked...

Plan Hub

Search This Blog