Dish Network has revealed part of its plan for Blockbuster, the bankrupt video-rental chain that is being bought by Dish for $320 million, reports the Los Angeles Times’ Company Town blog. Dish will keep open about 600 of Blockbuster’s 1,751 retail stores.
Dish filed documents with Bankruptcy Court over the weekend detailing its plans to keep some stores open, the article notes. At its peak, Blockbuster ran more than 4,000 stores.
Dish hasn’t yet revealed the exact number of stores it plans to operate or what will happen to each store, although the company plans to keep a retail presence while using Blockbuster’s brands to create an online service to compete with Netflix, the story says.