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in a bankruptcy auction in New York, agreeing to pay 2 million in cash and assume million in liabilities and other obligations for the nationwide video-rental company.About the new markets, Ergen said, "Given the assets we've been accumulating, I don't think it's hard to see we're moving in a different direction from simply pay-TV, which is a market that's becoming increasingly saturated." DISH Network put its Blockbuster acquisition to work by making available DISH Movie Pack for DISH Network subscribers and Sling TV for non-DISH Network subscribers.Echo Star, a precursor to DISH Network, was formed in 1980 by its chairman and chief executive officer, Charlie Ergen along with colleagues Candy Ergen and Jim Defranco, as a distributor of C-band satellite television systems.In 1987, Echo Star applied for a direct-broadcast satellite broadcast license with the Federal Communications Commission and was granted access to orbital slot 119° west longitude in 1992.
Reducing horizontal resolution and/or data rate of HD video is known as HD Lite and is practiced by other TV providers as well.
In the same year, Echo Star, partnering with Bell Canada, launched DISH Network Canada.
On December 7, 2007, Echo Star announced that it would spin off its technology and infrastructure assets into a separate company under the Echo Star name, after which the remainder of the company would be renamed DISH Network Corporation.
In 1998 Echo Star purchased the broadcasting assets of a satellite broadcasting joint venture of News Corporation and MCI Worldcom, called ASky B (for American Sky Broadcasting, named after News Corp's BSky B service in Britain); the two companies had nearly merged (which called for DISH Network being renamed Sky) before it was called off due to Charlie Ergen's clashes with News Corp. With this purchase Echo Star obtained 28 of the 32 transponder licenses in the 110° West orbital slot, more than doubling existing continental United States broadcasting capacity at a value of 2.5 million; some of the other assets were picked up by rival Prime Star, which was sold to Direc TV in 1999.
The acquisition (which also included an uplink center in Gilbert, Arizona) inspired the company to introduce a multi satellite system called DISH 500, theoretically capable of receiving more than 500 channels on one DISH.