PORTLAND, Ore. ( TheStreet) -- The demise of one-time video rental titan Blockbuster finally puts that chain's long struggle with an evolving marketplace to rest, but it doesn't answer one question: Who's going to rent everyone their DVDs?Admittedly, it's not great out there for the last DVD renters. Since 1999, the number of video stores in the U.S. has dropped from 28,000 to just 6,122 in last year before the Blockbuster closings, according to the Entertainment Merchants Association. Contrary to what the self-inflicted tragedy of Blockbuster may lead consumers to believe, however, its death isn't the end of DVD rental. While Blockbuster made up a large portion of that particular industry, market research firm IBISWorld notes it's still a $4 billion market that still has a core of demand. That core has shrunk nearly 14% since 2008 -- thanks largely to Blockbuster's troubles -- but video-on-demand services from Comcast (CMCSA), Time Warner Cable (TWC), DirecTV (DTV), Dish Network (DISH) and on-demand streaming services from Amazon (AMZN), Apple (AAPL) iTunes and Wal-Mart's (WMT) Vudu haven't killed it yet.
5 Retailers Keeping Video Rental Alive
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts