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Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 107.01+2.5%Nov 24 3:59 PM EST

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From: Sr K9/2/2011 7:11:40 PM
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Dish Said to Plan Blockbuster Rival to Netflix

By Alex Sherman - Sep 2, 2011 5:39 PM ET

Dish Network Corp. (DISH), the second largest U.S. satellite-TV provider, will introduce a Blockbuster streaming-movie service to compete with Netflix Inc. (NFLX) next month, according to a person with direct knowledge of the plans.

The timing is designed to coincide with price increases being implemented by Netflix, according to the person, who declined to be named because Dish’s new offering isn’t public. Starting this month, Netflix said it will charge separate fees for mail-order and streaming videos, raising the price by 60 percent to $15.98 for customers who want both options. Dish hasn’t set a price for its rival service, the person said.

bloomberg.com
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