DISH drops plan to turn Blockbuster into streaming service

10/5/2012 | Bloomberg

DISH Network won't follow through with a plan to turn Blockbuster into a movie-streaming service and use the chain's stores to sell mobile devices, founder and Chairman Charlie Ergen said. The company, which acquired the video-rental chain out of bankruptcy last year, is closing more underperforming Blockbuster stores; only about 900 were still open in August.

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