With its Blockbuster locations dwindling to about 500 U.S. stores this year, Dish Network says that its remaining stores are destined for greater things.
Company CEO Charlie Ergen says that the remaining BB locations are a great asset and are too capacious for just renting video. Said Ergen:
“The stores are just too big for video only product, although the ones we have left have enough volume to support that . . . We’ll just continue to evaluate Blockbuster. But we’re also evaluating where we are in other businesses . . . There’s a real asset there as long as we can tread water long enough to use them for wireless or other products . . . Or if not, we re-evaluate and say ‘if we’re actually going to lose money, it doesn’t make any sense to hold it,’ and we’ll shut it down.”
What specific other products Dish has planned were not revealed, but it is interesting to note that Dish is not afraid to continue shutting down Blockbuster locations it feels are not profitable.
What do you think Dish will offer in its remaining BB locations besides video rentals, and will this move pay off?
[via Home Media Magazine]
Doesn’t matter to me. It’s too far to the nearest remaining one.
They keep closing them, and I keep chasing them. But only because I’m driving a company truck and they are within my travel zones. I turn my mailers into the store for dvd’s. However I don’t believe Ergen. I think they won’t find a way to make the remaining stores profitable and they will close them all within a year. What’s 500 DVD stores going to do? It’s like the South Park episode – see it if you haven’t, very funny. And sad too. The end of the video store.