300 stores and remaining distribution centres to close by January 2014
The Dish Network will close all remaining Blockbuster retail stores and distribution centres in the U.S., resulting in the loss of thousands of jobs.
Dish will call time on its Blockbuster retail business in January, 2014, with the DVD-by-mail service scheduled to close one month before. In total, around 2800 jobs will be lost in the process.
“This is not an easy decision, yet consumer demand is clearly moving to digital distribution of video entertainment,” said Dish CEO Joseph P. Clayton. “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 acquired Blockbuster for $320 million at auction after it filed for bankruptcy in September, 2010. Since then, the business has continued to struggle, trimming or selling assets both in the U.S. and abroad.
Blockbuster will continue to trade through its digital-only services, Blockbuster @Home and Blockbuster On Demand.
Finally! After weeks of teasing, the final episode for the first season of Telltale’s The Walking Dead series now has a release date.
The Walking Dead Episode 5: No Time Left will be coming to the PSN on November 20th in North America, with the European PSN getting the game one day later on November 21st. The price for the episode will be in line with every other one to date.
With this November 20th date, it puts TWD in direct competition withPlayStation All-Stars Battle Royale (expect our review next week) andHitman: Absolution.
So, to help budget your time, remember that some stores open at 8am, giving you enough time to play PlayStation All-Stars and Hitman for a few hours before the PlayStation Store updates in the afternoon. Let’s just hope that you didn’t use up all your fake coughing to call in sick for Black Ops 2.
Do you really want to find out what is on the Stranger's Bookshelf? It could cause shock and awe, or amaze you and cast wonderment. What secrets does it behold? Come and browse on The Stranger’s Bookshelf.