Blockbuster to Close Stores, End US Retail and Mail DVD Operations
Blockbuster LLC will conclude its US retail and mail DVD efforts “by early-January 2014,” a press release from parent company Dish Network Corporation announced this week. Folding Blockbuster’s retail operations will involve closing “approximately 300 remaining US-based retail stores, as well as its distribution centers.”
“Consumer demand is clearly moving to digital distribution of video entertainment,” Dish President and CEO Joseph Clayton said in the press release. “We continue to see value in the Blockbuster brand, and we expect to leverage that brand as we continue to expand our digital offerings.”
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