Blockbuster to Close Last Stores

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.