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Blockbuster Closes Stores

Nov 7 2013, 12:55am CST | by , in News | Technology News

Dish Network, owner of Blockbuster announced that all stores will be closed in the United States and also DVD service will end.

Blockbuster Closes Stores
 
 

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Blockbuster Closes Stores

DISH Network Corporation announced that its subsidiary, Blockbuster, will stop its retail and by mail DVD distribution operations by early January 2014. Blockbuster will close its approximately 300 remaining U.S.-based retail stores, as well as its distribution centers. I still remember when I first visited the United States back in mid-Nineties, how cool the Blockbuster stores were to me. Walking down the isle of movies in video tapes was like a little Hollywood experience. 

“This is not an easy decision, yet consumer demand is clearly moving to digital distribution of video entertainment,” said Joseph P. Clayton, DISH president and chief executive officer. “Despite our closing of the physical distribution elements of the business, we continue to see value in the Blockbuster brand, and we expect to leverage that brand as we continue to expand our digital offerings.”

The Blockbuster By Mail service will end mid-December and will serve existing customers until that time.

Over the past 18 months, Blockbuster has divested itself of assets in the United States, as well international assets, including operations in the United Kingdom and Scandinavia. DISH will continue to support Blockbuster’s domestic and international franchise operations, relationships and agreements.

DISH will retain licensing rights to the Blockbuster brand, and key assets, including the company’s significant video library. DISH will focus on delivering the Blockbuster @Home service to DISH customers, and on its transactional streaming service for the general market, Blockbuster On Demand.

The Blockbuster @Home service offers over 15 movie channels including STARZ® Cinema, EPIX, Sony Movie Channel, and Hallmark Movie Channel, plus over 20,000 movies and TV shows streamed to TVs, computers or iPads. The service includes access to the Blockbuster @Home ‘app’ currently available to the millions of TVs served by DISH’s Hopper® Whole-Home HD DVR set-top box.

Available to anyone, Blockbuster On Demand is a transactional streaming video service offering thousands of movies viewable on connected devices including PCs, tablets, smartphones, Slingbox, Roku and select Samsung TVs and Blu-ray players. More details on www.blockbusternow.com

 

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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