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February 13, 2013

Blockbuster closing in Oneonta

Staff Report
The Daily Star

---- — The Blockbuster store in Oneonta is among 300 locations in the video- and game-rental chain being closed by Dish Network, which bought the chain in 2011.

A large “store closing, this location only” recently went up on the exterior of the building on state Route 28, along with window signs offering discounts on the store’s inventory.

A worker at the store said that it would close April 7, and that eight employees would likely lose their jobs.

Dish announced its intention to close the 300 stores last month but declined to identify those stores.

“Closures will be communicated individually with affected stores, which will communicate its closure with area customers,” a spokeswoman for Colorado-based Dish said at the time.

The reduction will leave Blockbuster with about 500 stores, down from about 5,700 as late as 2005 — before streaming-media services, such as Netflix, began to cut into its business.

Dish acquired 1,700 stores when it bought Blockbuster out of bankruptcy two years ago, saying that the price was so low it couldn’t lose on the deal. It has begun a Blockbuster on Demand streaming-media service, leveraging a name that was once synonymous with video rentals.

The Oneonta store was still listed on Blockbuster’s website as of Tuesday afternoon.