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Blockbuster administrator: 'The world has moved on'

The administrators for Blockbuster have admitted that the chain stood no chance against internet film rental companies.

Moorfields Corporate Recovery announced yesterday it had failed to find a buyer and would close the 91 remaining stores.

Moorfields administrator Simon Thomas told BBC Radio 5 live's Breakfast: "The world has moved on.... Most people are able to download stuff online."

  • 13 Dec 2013
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