Repudiating claims that Blockbuster intended to file for bankruptcy earlier this month, spokesperson Karen Raskopf said the troubled video rental chain has “lots of plans to grow our business.” If inking a video-on-demand deal with a declining DVR pioneer is one of them… well, that’s not much of a plan, is it?
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Investors holding shares in foundering satellite radio outfit Sirius XM just received a bit of welcome news. The company has closed its investment deal with Liberty Media, resolving the “uncertainty” surrounding its debt maturing in 2009. Good thing too, because that uncertainty was pretty worrisome.
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Mozilla renewed its search deal with Google last August, signing a three-year contract that ends in November 2011. Good thing too; the agreement was set to expire this month and if it had, Mozilla would have been forced to look elsewhere for the bulk of its income.
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