BB Liquidating Inc. appointed Deloitte as administrator of its UK arm to look for potential buyer for all or parts of the business. Lee Manning, joint administrator said, "In recent years Blockbuster has faced increased competition from internet based providers along with the shift to digital streaming of movies and games. We are working closely with suppliers and employees to ensure the business has the best possible platform to secure a sale, preserve jobs and generate as much value as possible for all creditors."