Blockbuster Closing Remaining US Stores
The whole world is going digital.
Parent company Dish Network has announced that Blockbuster will end its retail and by-mail distribution operations by early January 2014. The last 300 stores in the US region will be shuttered, as will all remaining distribution centers.
Said Dish CEO Joseph P. Clayton:
"This is not an easy decision, yet consumer demand is clearly moving to digital distribution of video entertainment.
Blockbuster isn't dead, though. The company has expanded via digital offerings, and Dish will retain licensing rights to the Blockbuster brand. The Blockbuster @Home service will remain, as will the Blockbuster On Demand program, so you needn't worry about those disappearing. Blockbuster UK just entered administration for the second time but if the company can continue to embrace the digital revolution, they should be okay. Adapation is essential for all businesses.
However, I'll miss the days of going to the local Blockbuster and picking out a movie or a game to rent. It was very much a social event in those days.
11/6/2013 9:49:38 PM John Shepard