Dish Network to Keep 600 Blockbuster Stores Open (Report)

9:58 PM PDT 4/18/2011 by THR staff

But the news means another 1,000 stores could be closing soon.

Dish Network, which recent won approval from a bankruptcy court judge to acquire Blockbuster for $320 million, plan to keep 600 of the movie-rental chain's stores open, the Dallas Morning News reported.

The satellite TV provider said in a Saturday filing with the U.S. bankruptcy court in New York that it will assume leases on about 600 stories.

But the company currently operates just over 1,700 U.S. stores, meaning that more than 1,000 could be closing soon.