TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Blockbuster to close remaining stores

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

Daily Photo Galleries

By Chicago Tribune
Thursday, Nov. 7, 2013, 12:01 a.m.
 

Blockbuster, the video rental chain that has been pummeled by the rise of digital and on-demand entertainment, said it will close its 300 remaining stores across the nation by early January.

The Blockbuster By Mail service will end in mid-December.

Blockbuster's owner, Dish Network Corp., will keep the licensing rights to the Blockbuster brand and its video library. Dish said it will focus on the Blockbuster streaming and on-demand services offered to customers.

“This is not an easy decision, yet consumer demand is clearly moving to digital distribution of video entertainment,” said Dish President and CEO Joseph P. Clayton.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Coal official: Number of W.Va. mining sites falls to 96
  2. Mylan’s 3Q profit triples on strong U.S. sales
  3. Strengthening U.S. growth reflects help from Federal Reserve
  4. Marcellus shale boom lifts Civil & Environmental Consultants of Robinson
  5. Profit falls at vitamin retailer GNC Holdings in third quarter
  6. Apple CEO Tim Cook: ‘I’m proud to be gay’
  7. Bayer profit edges higher, raises forecasts
  8. How to avoid Amazon and still get deals
  9. Sweet tooth will cost you more next year
  10. Radiation detection of drilling waste nearly set at W.Va. landfills
  11. ‘Airbender’ bent rules of Pa. film tax credit
Subscribe today! Click here for our subscription offers.