Will Dish Network Challenge Netflix by Streaming Blockbuster Films?
By Dennis Kuba
September 7, 2011
September 7, 2011
- Dish is expected to introduce a streaming movie service under its Blockbuster brand next month. The move will introduce a competitor to Netflix and coincide with that company’s recently announced price increase.
- When Dish acquired Blockbuster’s assets in April for $320 million, it received content rights that it has sought to beef up through discussions with the studios.
- “This ought to begin changing the way investors think about Dish,” said Ryan Vineyard, an analyst at RBC Capital Markets. “It goes from being an old-school pay-TV company to launching what could be a really high-growth business.”
- Dish currently ranks as the second largest U.S. satellite-TV provider behind DirecTV.
2 Comments
Dish may provide some interesting competition in this space with Netflix, Amazon and Hulu — especially if the price is right. Will Netflix users jump ship over the price increase if they have a viable alternative?
Dish may provide some interesting competition in this space with Netflix, Amazon and Hulu — especially if the price is right. Will Netflix users jump ship over the price increase if they have a viable alternative?
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