Blockbuster posts wider third-quarter loss

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NEW YORK | Thu Nov 1, 2007 8:11am EDT

NEW YORK Nov 1 (Reuters) - Blockbuster Inc BBI.N, the No. 1 U.S. movie rental chain, on Thursday posted a wider quarterly net loss, as the company closes stores worldwide.

Blockbuster reported a third-quarter net loss of $35 million, or 20 cents per share, compared with a year-ago loss of $24.7 million, or 15 cents per share. (Reporting by Martinne Geller)

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