UPDATE: Icahn Group Makes Highest Bid For Blockbuster At Auction

COMMENTS (9)

• That would be a good match and give DISH a link more customers as the DVD/online rental world shifts.

  Comment by Online on Time — Tuesday April 5, 2011 @ 9:49am PDT  Reply to this post

• Can anyone explain to me WHY Dish Network would want to buy Blockbuster? Seems like a bad investment that will probably send our monthly bills halfway to the moon

  Comment by Nick — Tuesday April 5, 2011 @ 12:36pm PDT  Reply to this post

• Brand equity?

  Comment by just a guess — Tuesday April 5, 2011 @ 1:43pm PDT  Reply to this post

• in philadelphia it’s worth fifty bucks…

  Comment by talleyrand — Tuesday April 5, 2011 @ 2:37pm PDT  Reply to this post

  • This is THE sports watch of the 80′s.

    Comment by Louis — Wednesday April 6, 2011 @ 10:33am PDT  Reply to this post

• It makes sense to me why Dish would want to buy Blockbuster. I think suits call it vertical integration. Dish distributes product via satellite and Blockbuster distributes via DVD and/or video.

  Comment by Karen — Tuesday April 5, 2011 @ 2:53pm PDT  Reply to this post

• The Blockbuster brand is permanently tarnished with a reputation for bad service, poor selection and inconvenience. Any company that acquires Blockbuster will permanently tarnish its reputation and stock price will fall. It happened with Blockbuster when it considered buying defunct Circuit City and it will happen to the company that buys Blockbuster. So abort, Dish! Abort!

  Comment by Nomo Blockbuster — Tuesday April 5, 2011 @ 4:25pm PDT  Reply to this post

  • Dish is a bottom feeder, I am sure this was just a break-up or brand acquisition move (probably both). Ergen is known for his financial plays as he bid on XM debt before Liberty came into the fold. This whole process is just a play on remaining asset worth, not a going concern effort as Redbox/Netflix have already eaten the lunch of BBI due to prior poor management (they are just like AOL’s fall from grace…arrogance up and down the company). Agree the name brand is so far damaged (myself included) that it offers zero equity value, perhaps negative equity value.

    Comment by Frank — Tuesday April 5, 2011 @ 7:24pm PDT  Reply to this post

• it would be stupid to create a new brand name, liquidate physical stores and start all over with the marketing though. people know the blockbuster name, they know they can go rent a movie at the store if they want. all they need is a new angle, where you pay monthly like I do for unlimited in store/online/streaming. it’s not THAT hard. they already have the streaming done for android phones and other blu-ray devices, just not for certin computers and iphones so they don’t need new technology. They need to just expand what they do and get the news out there that they CAN compete with Netflix if only to scare them a little.

  we’ll see who buys it after Thursday and we’ll know more. if I have to wait a week or so to get a new release blu ray b/c we only have online stuff I’m gonna be disappointed.

  Comment by bubbatwo420 — Tuesday April 5, 2011 @ 9:19pm PDT  Reply to this post