The Blockbuster movie and videogame rental chain continues to shrink. The company plans to close its distribution center in McKinney.
Phone company Verizon will challenge Netflix and start a video streaming service later this year with Redbox and its DVD rental kiosks.
Netflix has provoked the ire of some of its 23 million subscribers by raising its prices by as much as 60 percent for those who want to rent DVDs by mail and watch video on the Interne
Dish Network said Wednesday that it won the auction for Blockbuster with a bid valued at $228 million in cash.