Dish to close rest of its Blockbuster stores in US
ENGLEWOOD, Colo. (AP) -- The final curtain is falling on the Blockbuster video-rental stores that Dish Network Corp. owns in the U.S.
The closures announced Wednesday will affect about 300 Blockbuster locations scattered across the country. Dish Network expects the stores to be closed by early January. Dish Network says about 2,800 people will lose their jobs.
The Englewood, Colo. satellite-TV provider also is shutting down Blockbuster's DVD-by-mail service next month.
Dish Network's retreat will render Blockbuster's once-ubiquitous brand nearly extinct. About 50 U.S. stores operating under franchise agreements will remain open.
Blockbuster's downfall began more than a decade ago with the rise of Netflix Inc.'s DVD-by-mail service, followed by the introduction of a subscription service that streams video over high-speed Internet connections.
Dish Network bought Blockbuster out of bankruptcy court in 2011.
ROCKFORD (WIFR)--In a world filled with Netflix and on-demand, Niki Paganini says it's human interaction that brings people back to her family video store, on Charles street.
"I think that what people wanna see is a friendly face.. someone whose familiar they wanna be able to let you know hey this was a great movie or here what do you suggest this week people wanna have that interaction."
Paganini says despite the closure of several Stateline movies stores, like this former Blockbuster, business is still going strong.
Chad Cunningham has owned Bagos videos for four years and says he agrees the experience keeps business alive.
"The people that work there talking to them seeing what their recommendations might be or what's kinda the hot movie for right now"
"The people here they are like family they like they know you by name they greet you as soon as you walk in with the hello"
And for some it's the variety Redbox doesn't provide.
"They got a really good selection actually usually you can come into these mom and pop stores and you can find a lot of the harder to find stuff because they're more interested in filling the nitch"