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Alaska's Last Two Blockbusters Are Shutting Down, Leaving One in US

posted by chromas on Monday July 16 2018, @01:40PM   Printer-friendly
from the there-can-be-only-one dept.

Phoenix666 writes:

On Thursday, Blockbuster Alaska announced that the rental chain's last two Alaskan stores will shut down on Monday, with liquidation sales to follow. The news means that only one Blockbuster store will remain in the United States, in Bend, Oregon.

"We hope to see you at our stores during the closing, even if it's just to say 'Hello,'" the final two shops' managers posted in a Facebook announcement on Thursday. "What a great time to build your media library and share some Blockbuster memories with us."

Blockbuster fans, act now to return your late videos! Perhaps your late fees can keep them alive.

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  • (Score: 1, Insightful) by Anonymous Coward on Monday July 16 2018, @06:25PM (1 child)

    by Anonymous Coward on Monday July 16 2018, @06:25PM (#707999)

    Oh yeah, it was refusing to buy Netflix [businessinsider.com], which is worth 170 billion dollars today, and, unlike Blockbuster, is still a going concern--for the bargain price of $50 million.

    I see this thrown around frequently. The catch is, if Blockbuster had bought Netflix it's quite likely Netflix would not exist today - at least not in form we would recognize. Blockbuster saw DVD mailing and early streaming a niche markets. As they grew (well, streaming more than mailing) they became a bigger threat to Blockbuster. Odds are if BB had purchased them they may have folded the mailing into a part of their business and likely terminated anything to do with streaming as a direct competitor to their core business.

    All in all, we're probably better of the way things shook out.

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  • (Score: 0) by Anonymous Coward on Monday July 16 2018, @06:38PM

    by Anonymous Coward on Monday July 16 2018, @06:38PM (#708006)

    That's not the definition of a "catch."