Posted on 11/06/2013 1:23:26 PM PST by Responsibility2nd
Dish Network said on Wednesday it will close all 300 or so retail locations of the Blockbuster video rental chain by January, closing a chapter on a brand that failed to compete in the digital world.
Dish plans to lay off as many as 2,800 employees.
Dish, the second-largest U.S. satellite TV company, bought the failed Blockbuster LLC video rental chain in a bankruptcy auction in 2011 for $320 million, a dramatic fall for a brand that at its peak in 2002 had a market value of $5 billion.
(Excerpt) Read more at finance.yahoo.com ...
Oh yeah!
Awesome stuff.
bump
It is hard to compete against a mechanical box. I use them and they are convenient as all get out but the one thing the storefront BB still was good for was older movies. Not too many of those in the boxes, mainly recent stuff. I suppose there are ways to get them online and there will probably be a few local rental places that adapt and survive, however.
Not surprising. I have never once eaten at our 5 guys place. I have never seen it very busy there. I guess their high prices at enough to keep them going, at least for now.
I knew this was coming. After Redbox came into being (not to mention netflix) I didn’t like going to Blcokbuster because all wall were full of scary movies. It was not a family event anymore.
I’m surprised there are still 300 stores still open.
Smartphone App might be good but their website is sloooooooow.
The days of even Redbox are numbered. Eventually everything will be available on Netflix Streaming or a similar service.
I presently watch almost nothing except Netflix. Doesn’t have everything (yet), but it has a surprising variety, including more and more classic and foreign movies.
Recent shock to me was movies I saw as a kid or even relatively well-along adult being classified as Classics. LOL
Gamestop stores are the size of Radio Shacks. Blockbusters were massive, with a lot of wasted space. They should have downsized to the floor area of independent video stores, and provided computer terminals for users to browse the inventory.
“BB still was good for was older movies”
This is why, when they were transitioning to DVDs, I bought a ton of VHS tapes from the local Blockbusters. I knew a lot of old films, especially the not-so-popular ones, wouldn’t be transferred to DVD, or not for a long time. So I snapped up whatever I could when they were selling the VHS tapes for a buck a piece. I probably have 300 tapes stacked up in my house now.
Yeah, but...
I’ve quit going to Redbox. Just like Blockbuster they have NO first run movies in stock.
Just a bunch of “released to video” titles of stuff that nobody wanted to see then. And certainly not worth renting now.
Ditto that.
I’m one of the few who isn’t enamored with 5 Guys. I’ve eaten there at least a dozen times, and it’s average to me. I go because others want to eat there, and it’s not bad enough for me to protest. Value proposition is average, but better than fast food.
Their burgers are fresh, which is a major plus. But, I find them to be a bit flavorless and no better than I can do at home, which is the main reason I go to a restaurant.
I do really like their fries, though. My favorite way consume fries is the way they do it...thick cut fried in peanut oil.
Redbox will survive as long as the price disparity between Redbox and streaming HD remains so large.
We get bluray Redbox movies for $1.50. An HD streaming movie costs $6.99. If the HD streaming movies come down to $3.00, we’d probably do those exclusively. But, people will spend 20 minutes and $2.00 in gas to save $1.50 in rental fees, so the streaming price will probably need to go lower than $3.00 to catch on.
Check your library, our library has a fairly good sized video section.
My Netflix costs $9/month. Obviously I don’t care about HD.
I practically raped the Blockbuster in Cary when it closed. I filled my arms with dollar deals until the wife made me stop.
“Brick & mortar = horse & buggy.”
I wouldn’t want to buy a burger from the Internet.
“5 Guys hamburger joint across the street was shuttered this past week”
Well, if it’s anything like the one that opened here, no surprise to me.
I couldnt wait until when 5 Guys opened here.
But, boy was I disappointed! Soggy, cold fries and the burger cooked so well done that if you dropped the burger patty it would probably have shattered like a piece of thin black coal when it hit the floor.
But this wasnt the worst part. The music was so loud you had to scream your order to the order clerk several times before there seemed to be some understanding of what was probably being communicated. I complained to the manager about the noise level but was told that the insane sound level was part of the ambiance. I pointed out several older couples about the dining room who were grimly and silently curled into almost fetal balls due to the insane noise level and said, Do these people look like theyre enjoying themselves? Total waste of breath, just like water rolling off a ducks back. I feel sorry for the employees because the high sound levels have got to be severely damaging to their ears.
Needless to say, I never went back. And never will.
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