Blockbuster to close all 300 remaining stores and distribution centers by end of December 2013 or ea

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Went to the blockbuster Website today and read that they are still going to have blockbuster on demand, not sure how good that service may be? On the website, it says stay tuned for special offers, I wonder of they will try to being in customers to dish with some new offer?

Also I wonder if they will do anything with the significant video library it says it will retain? Not sure what that may mean other then the brand trademarks and such for blockbuster at home

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Mochuf said:
Family Video has been expanding for years. And since they're privately held, I really doubt that they would be expanding if they were losing money. And as far as BB closing the mail order business, that is Netflix's most profitable service. The fact that Dish couldn't make BB a profitable concern, even after all of the old debt was cleared out shows me that Dish didn't really want a disc rental business in the first place. For whatever reason they just wanted the Blockbuster name and couldn't care less about discs, b&m stores, BB employees and BB customers.

Between two local Family Videos, a crap load of Redbox kiosks, and a local library with an awesome dvd collection, I'm set. But there are a lot of people who are on the outside looking in.
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Netflix wants out of the disc business

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Claude Greiner said:
Job loss?

What about all the independent mom and pop video stores that blockbuster ran out of business when they came to your town?
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Is that Dish's fault too?

I still stand behind the fact Dish grossly mis managed blockbuster.
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Did they? Did they lose money in this?

Maybe they had an opportunity that could have been exploited, but it costs a lot of money to run stores, and when you can advertise on TV and the Internet, is it really necessary to have shops set up in a B&M building? How many more people are you actually reaching? Merely saying you had a better idea doesn't actually mean it is economically feasible.
 
I received an average of ten (10) disc per month for 1 1/2 years. Yet I have at least two Redbox outlets between my home and the local BB store. But at $1.25 or whatever for each disc, I will spend a lot more money on Redbox. Unless I cancel BB@home movie package.
 
TheKrell said:
Other than trying to call it by a goofy name (Qwickster), what evidence do you have to back up that statement?
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A better comment might be that it is not their main business anymore and disc customers are fading away

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Netflix has stated in their annual reports something to the effect of how the disc business is (slowly) declining* while the streaming side is continuing to grow.

*No indication that it's dying rapidly - it's just that they see the trend.

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According to blockbuster facebook page the last day to rent in a blockbuster store is Saturday, I assume after that they go into liquidation and will actually close in early January.
 
salyavin said:
According to blockbuster facebook page the last day to rent in a blockbuster store is Saturday, I assume after that they go into liquidation and will actually close in early January.
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I've seen a few BBs (and Hollywood Video) stores go through this and after two weeks, nothing "good" is left. Yes, there's stuff left, but obviously not anything that people are interested in nor worth keeping the place open for weeks. Once they move ~2/3rds of their inventory, they should just thrown the rest in the dumpster.
 
salyavin said:
According to blockbuster facebook page the last day to rent in a blockbuster store is Saturday, I assume after that they go into liquidation and will actually close in early January.
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So umm... would that be the day to rent 100 DVDs then and ummm.... wait for the store to close?
 
"As the final closings were announced for the last 300 Blockbuster Video stores, the former Boone Blockbuster appears to be heading to IHOP"

I "intensely dislike" IHOP. So much so, I'd eat in a Denny's before an IHOP and I DETEST Denny's.
 
juan said:
Netflix wants out of the disc business

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Scott Greczkowski said:
Netflix is also pushing the internet only options over the disc to home model.
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While you are both correct, that still doesn't change the fact that Netflix still makes a lot of money renting out discs. As a matter of fact disc rentals have funded the expansion of their streaming services in other countries. This shows me that Dish didn't have the right people in place to take over BB.

And hardly anyone on these forums ever addresses the fact that while BB was floundering, Family Video was thriving. So much for the "b&m stores are dead" meme.

Like I've said numerous times, Dish never fixed the problems with BB. And, as other companies have shown, those problems were fixable.
 

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