Dish Network on Wednesday announced that it will close its 300 remaining Blockbuster stores by early January and will end its Blockbuster By Mail service by mid-December. The company cited increased competition from digital and on-demand entertainment. Dish acquired Blockbuster in April 2011 for $320 million. At the time, it announced that it would keep 90 percent of the stores in operation and retain 15,000 employees. However, the company later announced that it would examine the stores on a case-by-case basis.
OK, So how come Netflix can survive? Perhaps it is because of better and faster service. Personally I do not care for internet accessing of movies. Not because of any downloading issues, but because the selections seems more limited than DVD by mail. BB has been slower on turnaround and their webpage is not as easy to use as Netflix, but these are easily remdedied. More likey, there is more profit in online services that actually deliver less than by-mail does, IMHO.
RogDog
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Dish Swings Blockbuster Wrecking Ball
Posted by: Peter Suciu November 7, 2013 07:00 AMDish Network on Wednesday announced that it will close its 300 remaining Blockbuster stores by early January and will end its Blockbuster By Mail service by mid-December. The company cited increased competition from digital and on-demand entertainment. Dish acquired Blockbuster in April 2011 for $320 million. At the time, it announced that it would keep 90 percent of the stores in operation and retain 15,000 employees. However, the company later announced that it would examine the stores on a case-by-case basis.
RogDog