In news today Reuters reported that Blockbuster was negotiating it’s credit agreement again for the 4th time.

The amendment raises the value of sales, transfers or disposals of assets that Blockbuster may transact without lender approval to $250 million from $100 million.

Under the new amendment, Blockbuster must apply the net proceeds of those transactions to its debt, which totaled $984 million at year’s end.

This is the fourth time that Blockbuster has amended its credit agreements since 2005 to service its debt, although the Dallas-based company has made progress in selling off video game and international assets.