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300 Additional Blockbuster Stores to Close Their Doors

More Blockbuster stores to close

Jan 22 2013, 3:05pm CST | by

11 Updates
300 Additional Blockbuster Stores to Close Their Doors
 
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300 Additional Blockbuster Stores to Close Their Doors

Dish Network purchased floundering movie rental chain Blockbuster in 2011. Since the purchase, Dish Network to shut down a number of locations around the country. Dish has now announced that it will be closing 300 additional Blockbuster stores within the US.

The closure of the 300 locations will leave about 500 Blockbuster stores operating in the US. The stores being closed are either underperforming or are near the end of their leases. The closing of the 300 locations will mean about 3000 employees are out of work.

Blockbuster hasn't announced where the locations are the will be closed at this point, but the employees have been notified. Blockbuster continues to lose ground in the face of increasing competition from streaming video company such as Netflix and movie rental kiosks such as Redbox.

 

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How ‘Last Blockbuster Syndrome’ dooms empires like Nintendo

Source: BGR

For years, Nintendo has believed it could reject smartphone and tablet apps, yet still flourish. The reason for this delusion is familiar — it's the toxic Last Blockbuster Syndrome that doomed the consumer electronics divisions of Motorola in 2004 and Nokia in 2007. Often at the start of a massive trend shift in consumer electronics, dominant dinosaurs get one massive hit built on a nearly obsolete paradigm, and that allows them to be lulled into a comfy trip to the ...
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Blockbuster UFC Fight Announced, Bout Cancelled After Fighter Shoots His Hand

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Lucy: Powers for Algernon

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Lucy can see your cell phone conversations and strum them like a harp, because she uses more of her brain than you do. The trailers for Lucy indicate fairly straightforward superhero fare: Scarlett Johansson is forced into service as an unwilling drug mule for an evil mobster, but the bag of super-drugs she's carrying in her stomach bursts open, imbuing upon her a host of movie superpowers: tel ...
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It’s no secret that effective organizations today are using skillful storytelling as a dynamic tool for communication. From filmmakers to plumbers, businesses everywhere are telling their story in some form or another. Robust nonprofits have been doing it successfully for decades. (A great example about story telling here.) Why is it then that all too often, the nonprofit story is relegated to the bottom of strategies used by chariti ...
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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

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