Iconic Video Store Latest Casualty in Industry’s Decline

A wave of video store closures across Canada has recently swept up Videomatica.
Iconic Video Store Latest Casualty in Industry’s Decline
Blockbuster Canada announced it was going into receivership on May 6. Both small independent video stores and the large chains face widespread closures as customers increasingly look to online sources for their entertainment. Justin Sullivan/Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/97804384.jpg" alt="Blockbuster Canada announced it was going into receivership on May 6. Both small independent video stores and the large chains face widespread closures as customers increasingly look to online sources for their entertainment. (Justin Sullivan/Getty Images)" title="Blockbuster Canada announced it was going into receivership on May 6. Both small independent video stores and the large chains face widespread closures as customers increasingly look to online sources for their entertainment. (Justin Sullivan/Getty Images)" width="320" class="size-medium wp-image-1803823"/></a>
Blockbuster Canada announced it was going into receivership on May 6. Both small independent video stores and the large chains face widespread closures as customers increasingly look to online sources for their entertainment. (Justin Sullivan/Getty Images)