Skip to comments.Dish Network to Keep 1,500 Blockbuster Stores
Posted on 07/24/2011 7:31:22 AM PDT by Las Vegas Dave
Dish Network has decided to keep more than 1,500 Blockbuster stores open, but will close about 200, Blockbuster said Thursday. There was no immediate word on which stores will stay open or be closed.
The satcaster purchased the video retailer in April in a bankruptcy auction. Since then, there has been widespread speculation that Dish would use some Blockbuster retail locations to sell its satellite TV service and related products.
However, Netflix's recent decision to change its pricing structure may be fueling interest by Dish to keep as many Blockbuster stores open as possible. Dish's executives may now believe that Blockbuster could take business away from Netflix which has more than 20 million subscribers.
In a press release released Thursday, Blockbuster President Michael Kelly hinted that the video retailer may even try to reopen some stores in neighborhoods that have lost their Blockbusters in recent months.
"Unfortunately, despite our efforts to reach reasonable terms, some property owners have closed stores," Kelly added. "However, we'll continue to look for opportunities for physical distribution in these neighborhoods as we expand our in-store experience, unmatched for movies and family entertainment."
Blockbuster said Thursday that the decision to keep more than 1,500 stores open will save more than 1,500 jobs nationwide.
why do they want that overhead?
I did cancel my Netflix account a few hours after getting information about the price increase. Just a horrible marketing plan by Netflix. I'll be hitting Redbox and Boxee from here on out.
It's a nice thought, but it won't work. I'm ditching Netflix DVD subscription because of the new pricing, and keeping the streaming. As for DVDs, I still won't be going to Blockbuster. I'll hit up one of the local vending machines.
At $8.00, even the streaming isn't worth that. Netflix's plan to separate the two was just plain stoopid IMO. I canceled.
I will be dropping Netflix as of end of August. I do not think a 60 pct increase for the same service is warranted. Will be looking elsewhere or reading more books. I hope someone takes on Netflix in the marketplace.
I hardly use the service at $9.99 a month.
Guess its time to sell Dish Network stock.
Blockbuster will capture some of Netflix's FORMER customers!!
Netflix's pricing plans change considerably in September! (I will be dropping my NETFLIX subscription soon after the price change!!!)
Why rent from NETFLIX we we see them for free??
A bunch of those have already vanished around this area. The various DVD-in-a-box rental locations has proliferated though.
The streaming is worth it to me. I rarely used the DVD service. And since 8/month is my total entertainment bill, it’s not that bad.
The various DVD-in-a-box rental locations has proliferated though.
Here too. A machine with 20 DVDs is a pale replacement for a whole store full of 'em.
Don’t you PAY for Dish? I use Netflix because I don’t pay for television. 8 bucks a month beats 30, 50, 80 or whatever people pay these days. Looks like come september there might be a good buying opportunity in Netflix stock.
They could merge with Borders...
I’d be more familiar with the machines, but I have no idea what any of the movies are. :’)
I kept my Netflix rental for. blu-rays, and dumped the worthless streaming. Price for three at a time went down about $5 a month.
I have way too much invested in HT setup to watch lo-res crappy video and audio buffer and break up. Even at higher bandwidth than I can get in my area, Netflix told me the resolution is nowhere near blu-Ray quality.
So I kept the part I actually use and got a price cut.
Watching movies on Dish in high def is still not as good as Blu-ray and costs $6 a pop.
I use the 9.99 service for one DVD and unlimited live stream but I will not spend 16 buck for the same service. I might if they added popcorn and a box of chocolates.
As did I. I had the 3 discs + Blu-ray + unlimited streaming. I've got so much to watch from discs I've purchased + programs archived on my DISH HD hard drive that I was not using Netflix much anyway. The introduction of the ridiculous new pricing plan seemed a good time to say "hasta la vista" to Netflix.
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