Blockbuster is in a heap of trouble with nearly $1 billion in debt, and its latest fixes might not be enough to keep the company from filing for bankruptcy.
The movie rental company launched its newest enterprise on Wednesday, beating rival Netflix to the punch in mobile movies. Blockbuster is now offering on demand video via T-Mobile's new HTC HD2 smart phone. The new service is also expected to be available on Android and Windows Mobile phones soon.
