Money troubles for Blockbuster rental chain

Blockbuster video sign The video rental chain has 528 stores and employs 4,190 staff in the UK.

Blockbuster is the latest UK high street store that may have to close because of money troubles.

The DVD and games rental chain has announced that it has gone into administration.

This means another company will take over to try to solve its money problems.

If this doesn't work, the stores will have to close, which could mean more than four thousand staff could lose their jobs.

Guide: what happens to a company 'in administration'?

More on This Story

  • Newsround logoWatch Newsround

    Watch the latest update from Newsround, CBBC's news programme for children.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.