Blockbuster’s new owners keeping more than 1,500 stores open
July 20th, 2011DALLAS — 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.