Mirror mirror…

Posted: April 7, 2011 in Uncategorized

“…You’d think the sheer momentum of such a behemoth [Blockbuster]would make them unbeatable. And yet, here we are. Earlier today came word that Dish Network was buying Blockbuster’s assets out of bankruptcy court for around $230 million — in cash. This is the same company that Viacom once paid $8.4 billion for (and later spun them off in their own multi-billion dollar IPO). The fall from grace is almost unbelievable…” If The Grand Banana Republic is like Blockbuster then China must be Netflix. Here.

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