Dish Network has agreed to buy Blockbuster more than six months after the movie rental chain filed for Chapter 11 bankruptcy. Dish "won" a bankruptcy court auction for the company, with a winning bid of $320 million, although negotiations pushed the final price down to a paltry $228 million. Tom Cullen, Dish Network's executive vice president of sales, marketing and programming, says his goal is to "re-establish Blockbuster's brand as a leader in video entertainment."Dish Network Buys What's Left of Blockbuster originally appeared on Switched on Wed, 06 Apr 2011 11:00:00 EST. Please see our terms for use of feeds.
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