Dish’s Ergen Scraps Blockbuster Plans After Wireless Delays

[meStevo]

So he wanted to turn Blockbusters into Radio Shacks with rentals basically, but bigger than radio shack, with more lower margin items like electronics?



On top of that, he wants to sell a service that would need it's own handsets and devices?

Hell of a house of cards to align and make work, Blockbuster may end up being a slightly profitable deal at worst, but going down this rabbit hole doesn't seem like a good idea in the slightest.

I expect in the end Blockbuster will just be the name of their standard VOD offering that is identical to everyone elses (sans whichever channels they are having a dispute with at the time). They say in the article the acquisition was so they didn't have to start from scratch. So the goal was to placate current subs until they could get their other plans rolling, and they've gone backwards if anything as stores shuttered.

[William228]

Do you see the Blockbuster stores closing down?

[KAB]

30% stock increase over the last year! That's undeniable decent. Will have to look up D*'s numbers tomorrow.

[meStevo]

30% stock increase over the last year! That's undeniable decent. Will have to look up D*'s numbers tomorrow.

What does that have to do with moving on from their plans with Blockbuster? It's only up 30% because it's slowly recovered from a 30% drop just over a year ago 4 months after the BB acquisition.

[rocket69]

Shame shame. BB could be a great part of DN to bad they just dont know how to manage it. Every time i go into one the counter guy is just chatting up some woman or playing on there phone.

[thechaz05]

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Do you see the Blockbuster stores closing down?

Well over the last couple years every store within about 400 miles of me has closed.

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