Of all the recent corporate citizens to die a painful, protracted fiscal death, Blockbuster was the most deserving of them all. This is a company that inexplicably had the faith of investors even though it bled billions over ten years before finally, finally going into bankruptcy and shutting down the majority of its stores.
And now, its new owners, Dish Network, are bringing it back from the dead. Well, technically it didn’t quite “die” — there are still 500 Blockbuster stores open, even after the company was bought for a $233 million song. But it isn’t doing so well.
People hating on Netflix’s recent decisions are interested in the presentation called “A Stream Come True” (we think that’s also the title of a gross porno). But most agree it’s Dish announcing a streaming service for their customers that may be rolled out to the wider public at some point.
You know, giving Netflix even more time to sew up the market.