Blockbuster Is Literally 1/10th The Chain It Used To Be
Alex Sherman for Bloomberg:
Dish Network Corp’s Blockbuster will begin selling mobile phones in its movie-rental stores as a test for Dish’s planned entry into the wireless business, according to two people with knowledge of the matter.
This is actually the first decent idea I’ve heard involving Blockbuster in probably a decade.
Also fascinating:
Dish has closed about half of the 1,700 Blockbuster stores it acquired when it bought the company out of bankruptcy last year. When Blockbuster was owned by Viacom Inc. in 2004, it operated about 9,000 locations.
So there are now about 900 Blockbuster stores, down from 9,000 eight years ago. Insane.
