It is the end of the line for Blockbuster in Canada and movie fans saw that coming for a couple of years.
While online movies have put a dent in video store rentals, the problem with Blockbuster had more to do with pricing with blinders on.
A single new DVD release at our neighborhood Blockbuster comes to about $6.50 with taxes. Down the road, at a local convenience store, the same amount gets you two new releases for $6.75.
Blockbuster charges an extra dollar for Blu-ray movies. Down the road, no extra charge.
While online movies are convenient, especially during the winter months, there still is a need for rentals at local outlets if you want the DVD extras - deleted scenes, commentary, making-of features etc.
BTW: Netflix customers, did you notice the sudden boost of new arrivals on the day YouTube announced it is launching Canadian movies rentals?
And hey, you can watch Plan 9 From Outer Space and a lot of other older movies for free on YouTube.
The battle for your online movie dollars is heating up.
Sony's Qriocity and iTunes are up and running in Canada.
In the wings, Walmart's VUDU online rentals, not yet available in Canada.