Blockbuster closing remaining stores—but job losses go unmentioned
Dish Network, which has owned the company since 2011, conspicuously omitted from its press release any references to its soon-to-be-former employees.
This is not an easy decision, yet consumer demand is clearly moving to digital distribution of video entertainment. 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.
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