Blockbuster is preparing to compete with Netflix
Best Growth Stock – The U.S. company Dish Network, owner of video rental chain Blockbuster, are preparing to launch a platform for watching movies on the internet that makes the Netflix service competition.
Dish Network will held on Friday a ceremony which is expected to confirm their plans to develop the alternative to Blockbuster and Netflix reveal the details about your system, scheduled to run under subscription.
The launching of the new product was called “A Stream Come True” and, although the company has not explained what its contents, the invitation sent to media said that in the event will be released “Home Entertainment Package most comprehensive ever created. ”
Dish Network’s announcement, which Blockbuster bought earlier this year, comes at a critical time for Netflix, whose stock price has fallen over the past few days after announcing that its DVD subscription business will be part of the Netflix brand and will be operational by the name of Qwikster.
Category: Business News
