February 28, 2024

Business Briefing | Company News: Blockbuster to Introduce Streaming via Dish Network

Blockbuster introduced a video streaming service limited to subscribers of the satellite provider Dish Network, a move to better compete against the video rental giant Netflix and to lure customers from rival cable and satellite TV providers. For non-Dish subscribers, the company also plans to introduce an online streaming plan later this year. The announcement came as Netflix has stumbled with an unpopular price increase and other missteps that have sent the company’s shares tumbling 50 percent in two months. Called Blockbuster Movie Pass, the subscription service will start at $10 a month and includes DVD rentals by mail and at the company’s more than 1,500 stores.

Article source: http://feeds.nytimes.com/click.phdo?i=3c439beda1740df81a65e242844a00b2

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