Blockbuster bleeds $78 million before Dish Network buyout.
[newsimage]http://static.rankone.nl/images_posts/2011/06/i8a1M.jpg[/newsimage]Blockbuster has become quite familiar with posting monthly financial losses. A new report outlining the company's fiscal performance in the weeks leading up to its $320 million acquisition by Dish Network did nothing to change that trend.
Read the full article here: [http://www.myce.com/news/blockbuster-bleeds-78-million-before-dish-network-buyout-46188/](http://www.myce.com/news/blockbuster-bleeds-78-million-before-dish-network-buyout-46188/)
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Wow, pretty funny that they’re trying to remove the Blockbuster name/branding from those NCR kiosks. That should be a fun dispute to watch.
@pinkster88: Since the Blockbuster service is new to Dish, why is the 3-month free trial only available to new customers? It seems to me that a free trial of a newly added service should be available to every Dish customer.
Pinkster was just spamming.
Blockbuster will end up copying the redbox kiosk model in local stores instead of running a whole rental B&M itself. The rest will be streaming media over the internet.