Former Blockbuster net loss shrinks to $100,000 in August on no sales

By Caroline Salls

Pittsburgh, Oct. 3 - BB Liquidating Inc., formerly Blockbuster Inc., reported a net loss of $100,000 on zero revenue in August, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of New York.

The figures compare to a $500,000 net loss posted for July, also on zero revenues.

The company reported cash and cash equivalents of $51.3 million as of Aug. 31, down from $52.9 million at the end of July.

Blockbuster, a Dallas-based provider of in-home movies and game entertainment, filed for bankruptcy on Sept. 23, 2010. Its Chapter 11 case number is 10-14997.

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