Fortune 500 in-home movie and game entertainment provider Blockbuster has reported total revenues of $1.38 billion for the fourth quarter of 2008, compared to total revenues of $1.57 billion for the same period of 2007.

The company’s net loss was $359.8 million, or $1.89 per diluted share for the fourth quarter of 2008 compared to net income of $41 million, or $0.18 per diluted share for the same period of 2007.

The company posted total revenues of $5.29 billion for the full year 2008, compared to total revenues of $5.54 billion for the full year 2007.

The company’s net loss was $374.1 million, or $2.01 per share for the full year 2008 compared to net loss of $73.8 million, or $0.45 per share for the full year 2007.

The company ended the fourth quarter of 2008 with $154.9 million in cash and cash equivalents. Cash provided by operating activities during the fourth quarter of 2008 increased $6.9 million to $152.1 million, compared with $145.2 million of cash provided by operating activities in the fourth quarter of 2007.