Blockbuster to Close Last Stores

    MIAMI - NOVEMBER 19:  Alvaro Gutierrez re-shelves PlayStation 2 games at a Blockbuster Video store November 19, 2002 in the Little Havana section of Miami, Florida. Blockbuster is targeting the growing Hispanic market by increasing its selection of Spanish-subtitled and dubbed movies in about 1,000 stores in the top 10 Hispanic markets in the country.  (Photo by David Friedman/Getty Images)

    David Friedman/Getty

    The good old days of indecisively wandering a movie store for hours are officially over. Blockbuster announced on Wednesday that it would close the remaining 300 stores by early January, stop its mail service in mid-December, and all U.S. distribution centers will shutter. The company's owner, DISH Network Corp., purchased Blockbuster in a bankruptcy auction in 2010 and says the once-powerful brand will be refocused on streaming and on-demand. A few lucky towns might get to keep their video stores though: 50 independently owned franchises will not be affected by the closure.

    Read it at Chicago Tribune