Blockbuster closing last remaining stores

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There will be no more “Blockbuster movie nights” pretty soon.

The company, which opened it’s first store in Dallas, Texas in 1985, says its closing its remaining 300 stores by early January 2014.

Its also shutting down its DVD by mail business, which it introduced to compete with Netflix.

“This is not an easy decision, yet consumer demand is clearly moving to digital distribution of video entertainment,” said Joseph P. Clayton, DISH president and chief executive officer. DISH bought Blockbuter for $228 million in September of 2010.

In 2004, Blockbuster had 9,000 stores.

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