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10-04-2012 10:05 PM #1
Dish’s Ergen Scraps Blockbuster Plans After Wireless Delays
Dish’s Ergen Scraps Blockbuster Plans After Wireless Delays
By Alex Sherman on October 04, 2012
Billionaire Charlie Ergen is giving up on his plan to turn the once-mighty Blockbuster LLC video- store chain into a Netflix (NFLX) Inc. competitor and retail outlet.
When Ergen’s Dish Network Corp. (DISH) acquired Blockbuster out of bankruptcy in April 2011, Ergen planned to use the stores to sell Dish mobile devices that could be used to stream Blockbuster movies. The plans broke down when U.S. regulators didn’t immediately approve a waiver allowing Dish to use its satellite spectrum for terrestrial data and voice transmission.
“You make a lot of mistakes in business,” Ergen, Dish’s founder and chairman, said in an interview yesterday. “I don’t think Blockbuster is going to be a mistake, but it’s unclear if that’s going to be a transformative decision.”
Read the rest at
http://www.businessweek.com/news/201...ireless-delays
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Scott
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10-04-2012 10:06 PM #2
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Proud Staff MemberWhen you are there take a look at that photo of Charlie... he wasn't that grey when I saw him a few months ago!
Hope the stress is not getting to him!
Scott
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10-04-2012 10:17 PM #3
What might this mean for BB&H?
FYI:
-It's "couldn't care less", not "could care less".
-It's "would've", "should've", and "could've", not "would of", "should of", and "could of".
-It's "voila!", not "walla!" (That's right. You've been speaking French all this time.)
-The first word in each sentence should be capitalized.
-A period goes at the end of each sentence.
-Commas are also a good idea, on occasion.
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10-04-2012 11:17 PM #4
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10-04-2012 11:31 PM #5
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10-05-2012 12:05 AM #6Quote from the article...
ADVERTISING BOX
Bye. Bye. Discs by mail. It will probably only be a streaming service.Dish no longer has plans to use Blockbuster as a nationwide video streaming or DVD-by-mail service, Ergen said.


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