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Blockbuster's collapse is nearly complete! Closing 300 more stores nationwide!

[bold] Dish Network to close 300 Blockbuster stores in U.S. [/bold]

DENVER — Dish Network Corp. says it plans to close about 300 Blockbuster stores across the country, losing about 3,000 employees.

Company spokesman said Monday that the closures will leave about 500 Blockbuster locations in the U.S. Blockbuster is owned by Dish Network.

Dish Network last year also shuttered about 500 underperforming Blockbuster locations. Hall says the stores that will be closed in coming weeks are either underperforming or nearing the end of their leases.

He says the 3,000 employees were informed about the latest closures on Friday. The store locations have not been announced.

Colorado-based Dish Network in March 2011 bought the then-bankrupt video rental chain for $320 million. It plans to move Blockbusters' headquarters from Texas to Colorado's Douglas County.

by Anonymousreply 2101/23/2013

I thought their collapse had completed.

I will never forgive them for harassing me about a movie they had misplaced, accusing me of stealing it. It went on for weeks. I had to take off work to get it sorted it out, and then they had the nerve to balk at my request to wave the 1 day overdue fee I had on it. They whined that I should be more understanding, it's easy to misplace movies. Then why wasn't I given the benefit of the doubt about stealing it? That was 1997, and I never rented another movie there again.

by Anonymousreply 101/22/2013

DISH never wanted the stores. They only want the streaming. The mail service will probably be sold off in the future too.

by Anonymousreply 201/22/2013

Why the fuck are they even still in existence?

They need to go the way of Circuit City.

by Anonymousreply 301/22/2013

[quote] The mail service will probably be sold off in the future too.

It will likely just be shuttered. I give Netflix about 3-5 years before they also get rid of this service and go strictly with streaming.

by Anonymousreply 401/22/2013

[quote]Why the fuck are they even still in existence?

In my city the few remaining Blockbuster locations do a fairly thriving business in neighborhoods where people are less likely to have broadband Internet access. Where people still rent DVDs.

by Anonymousreply 501/22/2013

[quote] In my city the few remaining Blockbuster locations do a fairly thriving business in neighborhoods where people are less likely to have broadband Internet access. Where people still rent DVDs.

I'm surprised that RedBox hasn't done them in

by Anonymousreply 601/22/2013

[quote] I give Netflix about 3-5 years before they also get rid of this service and go strictly with streaming.

It's not called DVDflix; they've always wanted deliver over the Internet.

But as long as they can make a profit shipping disks, they'll do so. Margins are higher on disks compared to streaming.

I doubt they've even hit their peak year in terms of DVDs mailed each year--there are a LOT of people who don't have the right equipment and know-how to stream broadband onto their TV. But nearly everyone has a DVD player and knows how to operate it.

by Anonymousreply 701/22/2013

[quote]--there are a LOT of people who don't have the right equipment and know-how to stream broadband onto their TV

Yes, they are old people.

by Anonymousreply 801/23/2013

Their mail service is horrific. Nothing is ever available. I had a 6-month free membership and it STILL wasn't worth it. When I cancelled I told them it's time to close-up shop. Glad they listened!

by Anonymousreply 901/23/2013

[quote] Yes, they are old people.

with more money than millions of savvier consumers, though

by Anonymousreply 1001/23/2013

Keep telling yourself that gramps at R10.

Few business are willing to expend the effort necessary to get old bitches to try anything new. It doesn't matter how much money you have when your tastes and preferences don't change one iota.

This is advertising 101, hon.

by Anonymousreply 1101/23/2013

[quote] there are a LOT of people who don't have the right equipment and know-how to stream broadband onto their TV.

Costco and nearly every other retailer sells Roku, so I doubt that.

by Anonymousreply 1201/23/2013

Sad.

by Anonymousreply 1301/23/2013

They should've added porn.

by Anonymousreply 1401/23/2013

Some of us are too busy having lives to stream broadband.

I mean, really.

by Anonymousreply 1501/23/2013

I too was under the impression that they were already out of business.

by Anonymousreply 1601/23/2013

Count me in as another one that Blockbuster lost as a customer YEARS ago due to their late fee policies.

by Anonymousreply 1701/23/2013

They closed operations in South Florida a long time ago

All those fucking late fees.

by Anonymousreply 1801/23/2013

[quote]Some of us are too busy having lives to stream broadband.

This is one of the stupidest things I've read on DL in a long time.

by Anonymousreply 1901/23/2013

Blockbuster is awful. Once Redbox and Netflix came around, they did next to nothing to try and remain competitive. In fact, their rental prices kept going up. I haven't been in our local one in at least a couple years. The last time I was in, it's so unchanged, I felt like I had time-warped back to 1999, except it cost twice as much to rent a fucking movie.

by Anonymousreply 2001/23/2013

Wow, this is very sad to here.

by Anonymousreply 2101/23/2013
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