Codebreaker

Dish Network buys Blockbuster

John Moe Apr 6, 2011

Dish Networks is spending $228 million in cash for the assets of the once mighty home video chain. You know Blockbuster right? Eerily empty place you drive by sometimes without stopping? The company is in bankruptcy and Dish Network won an auction to acquire it. And…why? Probably the digital content, which they can use to bolster their own streaming offerings. As for the remaining retail stores, which, like Bruce Willis in The Sixth Sense, don’t even realize they’re dead? Well maybe they can have a fire sale on Raisinets and Twilight posters.

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