Colo. -- DISH Network Corporation (NASDAQ: DISH) today
announced that its subsidiary, Blockbuster L.L.C., will end its
retail and by mail DVD distribution operations by early-January
2014. The company will close its approximately 300 remaining U.S.-based
retail stores, as well as its distribution centers.
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. "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."
By Mail service will end mid-December and will serve existing
customers until that time.
past 18 months, Blockbuster has divested itself of assets in the
United States, as well international assets, including operations
in the United Kingdom and Scandinavia. DISH will continue to support
Blockbuster’s domestic and international franchise operations,
relationships and agreements.
retain licensing rights to the Blockbuster brand, and key assets,
including the company’s significant video library. DISH
will focus on delivering the Blockbuster @Home service to DISH
customers, and on its transactional streaming service for the
general market, Blockbuster On Demand.
@Home service offers over 15 movie channels including STARZ®
Cinema, EPIX®, Sony Movie Channel, and Hallmark Movie Channel,
plus over 20,000 movies and TV shows streamed to TVs, computers
or iPads®. The service includes access to the Blockbuster
@Home ‘app’ currently available to the millions of
TVs served by DISH’s Hopper® Whole-Home HD DVR set-top
to anyone, Blockbuster On Demand is a transactional streaming
video service offering thousands of movies viewable on connected
devices including PCs, tablets, smartphones, Slingbox, Roku and
select Samsung TVs and Blu-ray players. Consumers can learn more
Corporation (NASDAQ: DISH), through its subsidiary DISH Network
L.L.C., provides approximately 14.014 million satellite TV customers,
as of June 30, 2013, with the highest quality programming and
technology with the most choices at the best value, including
HD Free for Life®. Subscribers enjoy the largest high definition
line-up, the most international channels, and award-winning HD
and DVR technology. DISH Network Corporation is a Fortune 200
company. Visit www.dish.com.