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Remaining Blockbuster stores set to close

  • FILE - This March 17, 2010, file photo, shows a closing Blockbuster stores in Racine, Wis. Dish Network announced Wednesday, Nov. 6, 2013, it will close the remaining 300 Blockbuster locations scattered across the United States. Dish Network expects the stores to be closed by early January. Dish Network says about 2,800 people will lose their jobs. (AP Photo/Journal Times, Scott Anderson, File)

SAN FRANCISCO — The final curtain is falling on the remaining Blockbuster video-rental stores that Dish Network Corp. runs in the U.S.

About 300 Blockbuster locations scattered around the country will be closed by early January. But 50 franchised stores will remain open in the U.S.

As part of Dish Network's retreat, Blockbuster's DVD-by-mail service is also shutting down next month.

About 2,800 people who work in Blockbuster's stores and DVD distribution centers will lose their jobs, according to Dish Network.

The cost-cutting measures culminate a Blockbuster downfall that began a decade ago with the rise of Netflix's DVD-by-mail service, followed by the introduction of a subscription service that streams video over high-speed Internet connections.


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