Blockbuster’s new owners keeping more than 1,500 stores open

July 20th, 2011

DALLAS — If your neighborhood Blockbuster store is open, it’s cleared a hurdle with new owners Dish Network Corp.

Dish, the No. 2 satellite TV provider, told the bankruptcy court Thursday that it plans to assume about 1,500 Blockbuster leases, wrapping up a bankruptcy that was filled with cliffhangers.

That’s the bulk of the 1,700 Blockbuster stores that were open when Dish acquired the former Dallas-based company out of bankruptcy in April.

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