Dish settles $500 million TiVo lawsuit, appoints Blockbuster president.
[newsimage]http://static.rankone.nl/images_posts/2011/05/KdjGHc.jpg[/newsimage]It's been a hectic last few weeks at pay-TV company Dish.
Following its $320 million April acquisition of ailing Blockbuster, the company jockeyed for extra time to decide just what to do with remaining store leases held by the former rental leader, opting to shutter around 1,100 locations. And though no official plans have been announced, Netflix CEO Reed Hastings has said he believes Dish and Blockbuster will eventually enter the online streaming video space full-bore. Today, the company announced two major events that pave the way for that move.
Read the full article here: [http://www.myce.com/news/dish-settles-500-million-tivo-lawsuit-appoints-new-blockbuster-president-44031/](http://www.myce.com/news/dish-settles-500-million-tivo-lawsuit-appoints-new-blockbuster-president-44031/)
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