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Tesco considering all options for Blinkbox service - report

Wednesday 1 October 2014 | 16:38 CET | News
UK supermarket chain Tesco has warned staff that it was looking at all options for its Blinkbox online video, music and e-book service, with up to 300 jobs at stake, the Telegraph reports. Tesco's options include a sale or closure. New Tesco CEO David Lewis is under pressure from investors to sell non-core businesses such as Blinkbox. He reportedly views Blinkbox as a "distraction". Tesco, which recently announced plans to close its Clubcard TV service on 28 October, would not comment on the matter. It insisted that its plan to launch the Hudl2 tablet on 3 October was still on track.

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Categories: Internet
Companies: Blinkbox / Tesco
Countries: United Kingdom
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