The end of an era is officially over. After declaring bankruptcy a couple years ago and a bit of restructuring, Blockbuster is closing down its last few remaining stores- roughly 300 locations. Their Blockbuster By Mail service will also end in mid-December.
“This is not an easy decision, yet consumer demand is clearly moving to digital distribution of video entertainment,” said DISH’s president and chief executive officer Joseph P. Clayton in a statement. “Despite our closing of the physical distribution elements of the business, we continue to see value in the Blockbuster brand, and we expect to leverage that brand as we continue to expand our digital offerings.”
Dish still retains the brand’s licensing rights and key assets, including their “significant video library.” This will no doubt come in handy for Dish’s Blockbuster @Home service, which offers an exclusive package of over 15 movie channels, in addition to the Blockbuster On Demand streaming video service. Blockbuster will live on, just not in a brick and mortar facade.
Are you sad to see Blockbuster shut down its stores? Do you still rent DVDs? The last time I rented one was probably in the last decade. I’m all about digital and streaming. Even if I have the DVD in my library, I’ll watch said movie via Netflix or a digital version. With that being said, I still watch my Sex and the City and Friends DVDs ad nauseum. Sound off below.