80°

Blockbuster Closing 282 Stores

Blockbuster Inc. plans to close 282 stores in the U.S. this year to improve operating margins and expand domestic share, according to a Securities and Exchange Commission filing Thursday

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biz.yahoo.com
Maddens Raiders6167d ago (Edited 6167d ago )

BB was really silly to ignore the online advances of NFlix.

The Total Access plan will help but honestly, 280 +/- store closings compared to the nearly 5,400 stores in operation in N.A. is little more than a blip on the radar to this corporate hog.

cuco336167d ago

being that the ones that are open probably downsized in manpower as well

i don't mind the store but it isn't what it used to be. i used to LOVE going to it years ago but now... there are so many means to rent a game or movie i see no point, especially with their late fees which cost as much as a rental sometimes

btw, for the BD vs HD DVD camp that shouldn't be on n4g, here's one for ya... if BB was the end all be all and reason why HD DVD were dead, then why downsize if they are doing so great? doesn't make sense now does it

toughNAME6167d ago

wow...the timing...thats ironic

ENNO6167d ago

lol blockbuster is sinking and it can take Blu-ray with it

Marceles6167d ago

It's probably closing the HD DVD stores :P

ITR6167d ago (Edited 6167d ago )

Actually BB has been closing stores in the SE due to crazy competition between it and MG(Movie Gallery new owners of Hollywood Video).
Hell MG will take any BB coupon. BB closed two big stores last yr.
We have one small one left but they plan on closing soon too.

BB will not be missed here since everyone goes to MG.
edu discounts and gov discounts keep me at MG..well the porn helps too.

If you disagree please state why?

MG/HV have over 4,700 stores. MG added 200 stores in 06'. Not sure how many they added this yr.

the_round_peg6167d ago (Edited 6167d ago )

that's killing Blockbuster.

I haven't rented anything from Blockbuster ever since I started renting from Netflix, Gamefly and then other online stores a few years ago.

Diselage6167d ago

While online has been hurting BB the most probably i know what IRT is saying, around here BB loses a lot of business to Movie Gallery and Mr. Movies because of the promotions they run.

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70°

How EA & Xbox Are Defining Gaming's Bleak Future

Xbox and EA have recently made baffling moves that define how bleak the future of the gaming industry is with major companies at the helm. Ryan Bates from "Last Word on Gaming" posits in this op-ed that maybe it's not ineptitude, but intention.

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lastwordongaming.com
Profchaos1d 13h ago (Edited 1d 13h ago )

Name someone that isn't trying to look us these days maybe cdpr.

Take two, ubi and yes even PlayStation are pushing us to own nothing and be happy with our live service ad injected games on a sub so they can raise prices at will and take access away when they see fit.

If it keeps up I'll be a full time retro gamer and this industry will be crashing hard

As rediculas as it sounds we need government reforms to defend consumer rights

60°

XCOM's Jake Solomon Q&A - Building a Narrative-Driven Life Sim Game at Midsummer Studios

XCOM and Marvel's Midnight Suns director Jake Solomon has founded a new studio to make a life sim game. Here's a new interview with him.

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wccftech.com
380°

Microsoft's quest for short-term $$$ is doing long-term damage to Windows, Surface, Xbox, and beyond

Microsoft is pushing for no "red line" for what games could come to PlayStation, and it all revolves around Satya Nadella and CFO Amy Hood's plans to increase every department's margins.

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windowscentral.com
Brazz2d ago

"The plan to move Xbox games to other platforms is codenamed "Latitude" internally, and I know there's debate and unease at Microsoft about whether or not this is a good idea. More upcoming Microsoft-owned games slated for PlayStation are already being developed. At least for now, they're potentially obvious games you'd most likely expect. And yes, while it's true Microsoft is a prolific publisher on PlayStation already, it has typically revolved around specific franchises like Minecraft. From what I've heard, Microsoft is pushing for no "red line" for what games could come to PlayStation, and it all revolves around Satya Nadella and CFO Amy Hood's mandate to increase every department's margins. "

Yeah, they are going to kill Xbox hardware.

Xeofate2d ago

"Yeah, they are going to kill Xbox hardware."

It's for the best.

Quit stringing along xbox fans and screwing over PlayStation owners.

crazyCoconuts2d ago

Take good care of those Xboxes if you have 'em ...

outsider16242d ago

An Xbox game on a Playstation. Never in my years of gaming did i ever thought this was gonna happen.

jznrpg1d 21h ago

It is dying anyway so doesn’t make much of a difference

VersusDMC1d 21h ago

No way can they get rid of the hardware as probably 90% of game pass subscribers are hardware users.

Highly doubtful those users will move to PC or Cloud to subscribe there and the competition (Sony and Nin) will never have gamepass on their system.

If they want to keep the current subscribers, they need to keep releasing new hardware.

PSPSA1d 12h ago

I'm not convinced, why then announce that they're actually working on the next-generation Xbox with “the largest technical leap”, and also looking into handhelds now?

Rols1d 11h ago

Not like MS don’t drop things a hot potato if it is not performing. Look at MS history to see products or platforms discontinued. Xbox is not a charity for MS, it needs to make money and the ABK was the last roll of the dice for Xbox.

purple1011d 10h ago

Xbox hardware team members have been incorporated into surface team

This perhaps shows they are not expecting big things from Xbox as a separate entity

Abear211d 8h ago

Seems like they are planning to win next gen. All the acquisitions were this generation and nobody except Xbox fans expect games from the acquisitions any time soon.

I’m sure Microsoft can afford to lose money on the short term, pretty sure they do risk assessment when acquiring many companies and spending billions, they’ll be fine lol.

+ Show (5) more repliesLast reply 1d 7h ago
gold_drake2d ago

i think it will kill off the xbox brand. windows will be fine.

but there is and would be a chance that xbox might be killed off in the future. if they fail to make the money they put in. imo.

S2Killinit2d ago

They wont kill it, but they will go fully PC while keeping xbox as a brand, and go multiplatform for the most part. They will also work tirelessly to diminish console gaming’s importance.

PRIMORDUS2d ago

It would be best if Xbox goes the way of Sega, just make and publish games. I know I myself will not support them at all with buying games from them, you all can. 🙃

ChasterMies2d ago

The Xbox brand will live for the games. I don’t expect Microsoft to entirely drop out of gaming hardware. They make Surface tablets and laptops. They’ll make Xbox branded hardware for those that want it.

shadowT2d ago

"Microsoft is pushing for no "red line" for what games could come to PlayStation"

Forza and Starfield next?

Skuletor2d ago

Starfield would be no surprise and there's the rumor that it will come to Playstation after the Shattered Space DLC, Forza (along with Halo and Gears of War) I find less likely but I wouldn't be surprised if they eventually end up on PlayStation too, especially if Xbox give up on hardware and go the Sega route.

shinoff21832d ago

Not to worried about forza. I'd rather see others like what inxile and obsidian are working on. Starfield sounds like it needs more time in the oven so let it cook first imo. If starfield and it's a small if does release on ps it'll be in the fall around the time for dlc or right at the dlc and come packaged with it.

-Foxtrot2d ago

In the words of Phil Spencer when he was talking about Nintendo last year

“It's just taking a long time for Microsoft to see that their future exists off of their own hardware"

S2Killinit2d ago

Yup. MS are a cancer to console gaming.

Aloymetal2d ago

100%!!
I wonder what happened to that dude that was always here posting those court articles with cartoons about MS spending all those billions in studios. He suddenly disappeared, I guess he doesn't like bad news when the green brand is in trouble. No new articles from him as of late...

PRIMORDUS2d ago

Yup, and it's only going to keep spreading.

Outside_ofthe_Box2d ago

Phil Spencer's words always comes back to bite him lol

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