Dish Network bought out Blockbuster when they filed for Bankruptcy in 2010 and has built a online-based movie rental service that has become one the competitors to Netflix and Hulu. Regardless of their success with Blockbuster total access, they will be closing the last remaining 300 franchised stores in the United States.
Back in the 90’s and early 2000’s, Blockbuster was one the only available stores to rent movies. However, in the age of the ever expanding internet, video rental services has become obsolete. Digitally streamed movies has become the most accessible and affordable way to watch films at home. You no longer need to worry about returns or late fees with services like VUDU and Hulu Plus.
The remaining stores will close by January 2014. But according to Mashable.com, Dish Network has confirmed that there are approximately 50 Blockbuster locations that will not be affected by the closure. However, I feel it is only a matter of time before they have to close their doors permanently as well.
In 2004, the company was still a strong franchise with over 9000 stores worldwide but now it seems like we have to say goodbye to the pioneers of movie rentals.
Blockbuster will live on, online. You can still rent movies by checking out Blockbuster by Mail. TV shows and movies will arrive at your door when you subscribe to one of their plans. They are currently offering 50% off for the first 2 months.