• $320 million the amount Dish Network plans to pay for the bankrupt Blockbuster
• $228 million the amount the company plans to pay in cash for the video retailer source

• » A competitive deal? Dish Network, known mostly for its satellite dishes and for being the satellite company that isn’t DirecTV, will earn a competitive advantage by branching out with Blockbuster, which has a large infrastructure, if not money to pay for said infrastructure. For example, Dish Network could also offer Blockbuster’s Netflix-like DVD service on top of their already-robust satellite service. It’s synergy, folks! Another way to look at this: Blockbuster shares were delisted after trading for less than $1 for nearly a year. Netflix shares are trading around $250.

Posted by Ernie Smith • Permalink