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Thomas Video opened in 1974, and was the first store in the country to sell films. 

On Stateside, we spoke with Jim Olenski, the owner of Thomas Video about his business and why it's closing. 

According to Olenski, the store has been losing money for a long time, partly because of the rise in online movie streaming options, like Netflix. 

To hear Cynthia Canty's interview with Olenski, click the link above.   

It was 2007 when Amanda Lotz of the University of Michigan wrote a book entitled "The Television Will Be Revolutionized." The professor of communication studies predicted that eventually TV will move from the broadcast network format we grew up with to an online subscription format.

Well, if you are one of the many fans of the series "Arrested Development," you are celebrating the resurrection of the wildly popular series which began on Fox and was canceled by Fox, and has now been revived by Netflix in online subscription format.

Amanda Lotz, University of Michigan professor of communications studies, joined us today in the studio.

Listen to the full interview above.

An Ann Arbor-based consumer research firm says there’s been a shift in people’s online shopping habits. 

Ann Arbor-based ForeSee asked more than eight thousand online shoppers about their satisfaction levels with 40 of the nation’s top web retailers.   ForeSee released its 7th annual Holiday E-Retail Satisfaction Index today.