Dish Closes Another 300 Blockbuster Stores
3,000 More Jobs Likely to Be Axed
12:39PM Wednesday Jan 23 2013
Dish has announced that the company will be
shuttering another 300 Blockbuster stores
, resulting in the potential for 3,000 lost jobs. In 2010 Dish shelled out
$320 million for the Blockbuster brand
and after significant hype, launched a "new" Blockbuster streaming service that was little more than
Blockbuster's existing, underwhelming services
with a coat of Dish public relations paint. Heavily-hyped plans to use the Blockbuster brand as the foundation of a "Netflix killer" were dismantled, and Dish now seems happy to just slowly sell off the company for scrap.
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