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Tag: DISHNETWORKBUYSBLOCKBUSTER

Dish Network Buys What's Left of Blockbuster

Dish Network has agreed to buy Blockbuster more than six months after the movie rental chain filed for Chapter 11 bankruptcy. Dish "won" a bankruptcy court auction for the company, with a winning bid of $320 million, although negotiations pushed the final price down to a paltry $228 million. Tom Cullen, Dish Network's executive vice president of sales, marketing and programming, says his goal is...