Digital Intelligence

Entries from Digital Intelligence tagged with "dish network"

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Hulu not for sale- video site focuses on ads and subscriptions

US-based online video site Hulu has ended take-over talks with Google, Yahoo and Dish Network after its owners decided to focus on building the site’s ad and subscription revenues instead. The three owners of Hulu, News Corp., the Walt Disney Co. and Providence Equity Partners has been hoping to to fetch $2bn out of a potential sale of the company. However, last Thursday, the three firms issued a statement saying they saw more value in retaining the popular 3-year-old service than in selling it off.

17/10/2011  |  Full story...

Bankrupt Blockbuster sells for just $320m to Dish Network

Blockbuster has been sold at auction to satellite TV chain Dish Network for just $320m, after the once dominant video chain was pushed into bankruptcy by online competition from the likes of Netflix and LoveFilm. Dish Network, a provider of subscription-based satellite-TV services, said that it expected to pay only $228m for the company, after "certain adjustments" on cash and inventory are made.


07/04/2011  |  Full story...

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