More Blockbuster Stores To Be Shut Down, Massive Job Cuts

DENVER -- The video-rental chain Blockbuster plans to close about 300 stores across the country, losing about 3,000 employees. A company spokesman told The Denver Post on Monday that the closures will leave about 500 Blockbuster locations in the U.S. In 2011, the Dish Network bought then-bankrupt Blockbuster for $320 million.