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Story summary
- Columbia House will shut down its operations on September 15.
- The retailer peaked at about $1.4 billion in revenue in 1996.
- Revenue fell as digital music services such as iTunes expanded.
- A streaming pivot failed because the firm could not secure competitive licensing deals.
- Following its 2015 bankruptcy, the brand now sells a handful of DVD titles, including AMC’s “Dark Winds” season two and the 2023 film “Blackberry.”
