Internet killed the video store | Philadelphia Inquirer

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Tuesday, October 20, 2009

Internet killed the video store

Staff writer Sam Wood reports:

TLA Video, a mecca for lovers of art-house movies for more than 20 years, has announced it is closing its flagship store at 517 S. 4th Street.

In a statement released yesterday, TLA officials said the independent brick and morter store model had become “antiquated” with the rise of online rental companies and video-on-demand.

“It was an amazing 24-year run for our South Street store,” said TLA president Ray Murray, “but changing viewing habits of our customers (internet, cable, satellite, rental-by-mail, etc.) require us to change with the times.”

A TLA video outpost will remain at 1520 Locust St., Murray said.

The 4th Street location will reopen Friday to sell off its inventory and remain open for business through Thanksgiving.

Read more breaking news in our From The Source blog.

Posted by Inquirer Online Desk @ 1:58 PM Permalink | 8 comments

Comments

Posted 02:05 PM, 10/20/2009

drrush

too soon

Comment removed.

Posted 02:42 PM, 10/20/2009

SouthJerseySteve

Sad.... but in other news.... the horse and buggy repair shop next door stayed open....

Posted 02:52 PM, 10/20/2009

psyrus

Redbox is killing video stores. I can rent a movie from Redbox for $1.00 while the video store charge over $4.00. I haven't been to a video store since the Redbox appeared at my ACME.