Blockbuster Archives - Robot 6 @ Comic Book Resources

Blockbuster to close remaining 300 U.S. stores

blockbusterBlockbuster, a video-rental chain that at its peak in 2004 had more than 9,000 stores and as many as 60,000 employees, will close its remaining 300 U.S. locations by the first of the year.

Owner Dish Network, which bought the already-struggling company in a 2011 bankruptcy auction announced this morning it will also end the Blockbuster By Mail service in mid-December and shutter its distribution centers. According to Reuters, 2,800 employees will lose their jobs.

As with the decline of music stores that preceded it, the death of Blockbuster is being attributed to the rise of digital (in particular, Netflix), which curiously enough — and despite fears to the contrary — hasn’t appeared to harm another specialty channel: direct-market comic stores. In fact, all indications appear to point to digital helping print sales. Could it be that comic shops, long the subjects of apocalyptic predictions, end up as the last ones standing?

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Comics A.M. | The comics Internet in two minutes

Piracy

Legal | A bill introduced this week in the U.S. Senate would allow the Justice Department to seek court orders against piracy websites located anywhere in the world. The bipartisan legislation, called the Combating Online Infringement and Counterfeits Act, would permit the government to seek an injunction ordering a U.S. domain registrar or registry to stop resolving an infringing site’s domain names. That means a visitor attempting to access a targeted piracy site would instead get an error message. Domains outside of U.S. control could be blocked by Internet service providers upon a court order. [Threat Level, ICv2.com]

Business | Time Warner has extended the contract of Warner Bros. Chairman and CEO Barry Meyer through December 2013 as part of a management restructuring that sees WB President and COO Alan Horn shifting from his current position into a consultancy role in six months. And in a move that may look vaguely familiar to watchers of DC Entertainment, Warner Bros. executives Jeff Robinov, Bruce Rosenblum and Kevin Tsujihara will share as part of a new Office of the President that will report directly to Meyer beginning in April. DC Entertainment President Diane Nelson reports to Robinov, currently president of Warner Bros. Picture Group; it’s unknown whether that will change in the new structure. [The Hollywood Reporter]

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