Thursday, 20 September, 2018

End of watch: Only one Blockbuster remains in the entire country

RTR2KVZG End of watch: Only one Blockbuster remains in the entire country
Stacy Diaz | 13 July, 2018, 23:27

Thank you for sticking by us throughout all these years.

"We were very up front with them, and they said, 'That's OK, we want you to have it anyway, ' " he said.

Alaska's last two Blockbuster video rental stores will close this week and liquidate remaining inventory, the stores' management announced Thursday. The last survivor, which will probably be made into a museum of the 90's one day, is located in Bend, Oregon. A Facebook post near the end of June on the Blockbuster Alaska page read, "We see you out there taking selfies in front of our stores, show them to us!"

The closures come despite a campaign from HBO host John Oliver to increase business at the stores by donating a jockstrap worn by Russel Crowe in the 2005 film "Cinderella Man" as a tourist attraction. What a great time to build your media library and share some Blockbuster memories with us.

"We will miss all of you!"

Alan Payne, who owns the Alaska stores through a Texas-based Blockbuster licensee called Border Entertainment, said he and his team determined about nine months ago that it wouldn't make sense to renew any more leases on the stores that remained. "Can we go see it?"

Daymude sent photos to Crowe of the memorabilia on display in his story.

Back in April, Last Week Tonight with John Oliver featured the remaining Alaskan Blockbusters (at that time there were three). Despite modern technology rendering the stores obsolete, a handful have managed to survive in the US.

Blockbuster formally closed all company-owned stores by January 2014, leaving franchisees to fend for themselves.

After Blockbuster declared bankruptcy in 2011 and closed most of its corporate stores, Alaska had seemed to be the final frontier for the one-time video-rental giant. It was the seventh last-remaining story. The sale will continue until August, or until everything is sold out.

But their survival lasted longer in Alaska, with some crediting expensive internet as a factor in keeping many people renting videos rather than streaming.

According to Statista, Netflix now has around 125 million subscribers worldwide.