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Dish Closes Another 300 Blockbuster Stores
3,000 More Jobs Likely to Be Axed
by Karl Bode 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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