With streaming media websites like Netflix and iTunes virtually wiping out Main Street’s DVD rental stores, Dish Network has found an alternative use for Blockbuster, the chain it acquired last year.
Satellite television provider Dish Network recently admitted that it may have been a bit shortsighted in its plans to transform video rental chain Blockbuster into a serious Netflix competitor.
We thought Dish Network would launch a Blockbuster-branded Netflix competitor, but instead it used a somewhat hyped event Friday to launch Blockbuster streaming movies and DVD-by-mail to just Dish subscribers.
Satellite TV operator Dish Network will announce a new Blockbuster-branded all-you-can-watch video streaming service on Friday, according to a CNNMoney report.
Redbox, which runs several kiosks in stores that let individuals rent movie DVDs at cheap rates, announced Thursday that it is introducing video game rentals to around 21,000 of its kiosks.
TerreStar Networks on Wednesday revealed that Dish Network had placed an opening bid of $1.38 billion for the ailing telecommunications company’s assets through a bankruptcy auction, according to Reuters. TerreStar has operated under bankruptcy protection since Oct. 19.