Blockbuster Closes Remaining Stores

<p>Blockbuster parent company Dish Network revealed that all 300 remaining U&period;S&period;-based Blockbuster retail stores will be closed&comma; as well as all of its distribution centers&period;<&sol;p>&NewLine;<blockquote><p>&&num;8220&semi;This is not an easy decision&comma; yet consumer demand is clearly moving to digital distribution of video entertainment&period; Despite our closing of the physical distribution elements of the business&comma; we continue to see value in the Blockbuster brand&comma; and we expect to leverage that brand as we continue to expand our digital offerings&period;&&num;8221&semi;<&sol;p>&NewLine;<p>-Dish president and CEO Joseph P&period; Clayton<&sol;p><&sol;blockquote>&NewLine;<p>According to Dish president and CEO Joseph Clayton&comma; Blockbuster won&&num;8217&semi;t necessarily disappear into the abyss&period; Dish will still offer customers Blockbuster Home and the Blockbuster On Demand streaming service&period; Blockbuster Home offers various movie channels&comma; which include Starz&comma; Cinemax&comma; and Epix&comma; and includes 20&comma;000 movies and TV shows that can be streamed to televisions&comma; computers&comma; and iPads&period; Blockbuster On Demand&comma; meanwhile&comma; offers &&num;8220&semi;thousands of movies&&num;8221&semi; that are watchable on several connected devices&period;<&sol;p>&NewLine;<p>In other words&comma; while Blockbuster will be all but dead in the real world&comma; it continues to live on in the virtual world&period; Oh&comma; and one more thing &&num;8212&semi; the Blockbuster by Mail service will live on until mid-December&period;<&sol;p>&NewLine;<p>&lbrack;Source&colon; <a title&equals;"Blockbuster" href&equals;"http&colon;&sol;&sol;www&period;pcmag&period;com&sol;article2&sol;0&comma;2817&comma;2426829&comma;00&period;asp" target&equals;"&lowbar;blank" rel&equals;"noopener noreferrer">PC Mag<&sol;a>&rsqb;<&sol;p>&NewLine;