Hardly a week goes by that another video rental store doesn’t go under.

Blockbuster has closed thousands of its California locations, and Movie Gallery Inc. – parent of Hollywood Video – recently said it will be closing all its shops. But wait.

A small, publicly traded Burbank company specializing in postproduction is venturing into this retail no-man’s land.

Point.360 recently opened two Blu-ray and DVD rental stores in Westminster and Costa Mesa to “test the viability of the market being created” by the closures.

The Movie>Q stores are small at 1,000 to 1,500 square feet. They contain automated Red Box-type vending machines that dispense discs to customers, who can also preorder the movies on the company’s website.

The stores “provide the same rental or purchasing experience found in Blockbuster and Hollywood Video stores at a fraction of the personnel and space costs,” said Chief Executive Haig Bagerdjian in a prepared statement.

The company first opened the Westminster store and then another in Costa Mesa, all within the last month. It plans to open a shop in La Mirada if sales take off.