Dish Network to buy Blockbuster for $228 million |
Dish Network has opened up it’s massive wallet today and announced that it will be acquiring Blockbuster for $228 million. The satellite provider participated in a bankruptcy court auction for Blockbuster, with a winning bid of $320 million. After some adjustments for cash and inventory, the companies both agreed on the final price.
So Blockbuster will continue in some form, we just aren’t sure what Dish’s plans are for it at this time. Who knows, maybe they will try to take on Netflix, though that might be futile.
















IBM’s Watson computer triumphed over its human competitors on Tuesday’s special episode of Jeopardy. The computerized trivia-playing machine finished out with a total of $35,734 in winnings with the next runner up at $10,400 and 3rd place at $5,000. One more day of competition will determine an overall winner to a $1 million prize.