Dish Network Taking Over 500 Blockbuster Leases
The report was spotted in Dish's recently filed papers with the U.S. Bankruptcy Court Southern District of New York, coming around a month after Dish won an auction for BB valued at $228m in cash. If everything goes smoothly, that deal should close today, and while Dish is taking over those leases, they aren't making public their plans. Will they be rolled into something else? Sold for scrap? Rebuilt from the ground-up? Who knows, but we still maintain that physical video stores have numbered days.