Dish Network Corp (DISH) placed the winning bid to purchase the former video rental giant, Blockbuster Inc. (BLOAQ.PK). They agreed to cough up $320 million, outbidding billionaire Carl Icahn and Monarch Alternative Capital of New York.
Just keep the stores open that are open and Ill be happy. A lot of them closed around me, but one is still open and I go in there like once a week to try games or something. If they didnt charge 10 bucks to rent a game id go in more often. As for Dish I hope it doesn't just become a marketing strategy for Dish. I rather have cable for a reason.
$10, but don't you keep the game for a week, instead of the 2-3 days before?
But like someone else said in the tech section, Dish will probably slowly kill the stores off, and just focus on the streaming part of it.
You get it for 5 days, then they have a 3 dollar late fee again with a 99 cent restocking fee when you finally bring it back. And is Blockbuster still divided up into 3 (kiosks, online, stores) or did Dish buy ALL 3 of them?
Good deal, they were bankrupt.. now they can pay their debt of 270m million
And the upper management can walk away with how much of the left over amount after how many people lost their jobs?
It really doesn't matter all that much to me. I haven't rented anything in years. The rental store thing is so dated it's time to say goodbye to these relics.
The one around me closed about a month ago, but a "family video" store opened downtown and their prices destroy blockbuster, i can ent a game for 5 bucks for 5 nights, 2 older movies for a dollar, kids movies for free, dollar blu rays, new releases 2 dollars plus a free oldy. store owns.
Were already at a point where almost all the movies we watch are streamed.
You don't get anywhere near the selection through Netflix. Plus they don't get newer movies a lot of the times for almost a month. Yeah, its going to be a long, long time. Before Netflix or some type of streaming service take over the tv. Netflix needs to somehow obtain HBO,Showtime,Stars,and many others for that too happen. You wont be seeing Boardwalk Empire or any other big shows like that on Netflix anytime soon.
Netflix isn't allowed to offer movies for at least a month after release. Most studios hold it even further than that, usually 90 days. Let alone Netflix is still fighting with a majority of the big studios to keep content.
HBO and Showtime shows in general aren't even available on DVD and digital stores until the next season of the shows are ready to be rolled out. That's not an issue with Netflix obtaining rights so much as the big movie cable providers holding out to support people still subscribing to see the shows from season to season.
Netflix is already starting to produce their own content, with a big name producer and actor.
@ techniglee I doubt what ever Netflix produces will be any good. Probably Hallmark quality.
So what does this mean for there All Access online stuff? I cancelled my account, but I am curious to see what happens with Blockbuster.
Call me old fashioned and nostalgic, but there is just something about making that weekly trip down to the video store...it's something that can't be duplicated by Netflix. I love scouring the horror section and finding that obscure horror flick, or just having passive discussions about films with random people (and laughing at the teenage employee's recommendations). One day, many years from now, I will tell my grandchildren of this time when we go down to our local redbox in search of sloppy seconds.
You are not the only one. I much prefer going to a video store any day then streaming something.
I feel that way too sometimes, but then i remind myself that i can pick up a buck movie at redbox and not worry about crazy late fees...or sub to netflix. For gaming, im not a big fan of gamefly (shipping is a bit slow for me) but its still a better deal then what blockbuster ever had.
Family Video. Netflix. That's all we need.
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