NEW YORK (

TheStreet

) --

Netflix

(NFLX) - Get Report

can breathe a sigh of relief.

Wall Street expected

Dish Network

(DISH) - Get Report

to unveil a streaming video service that would rival that of Netflix. But instead it introduced a bundle package for Dish subscribers only.

Dish, which purchased Blockbuster out of bankruptcy in April, introduced "Blockbuster Movie Pass." The service will cost $10 a month for Dish subscribers and include 100,000 movies available by mail, Blu-ray and video game rentals for no extra price, in-store trade-ins, 3,000 movies that can be streamed via televisions and 4,000 movies that can be streamed via computer.

Dish has just 14 million subscribers, so this new service certainly doesn't pose much of threat to Netflix's market share.

-- Written by Jeanine Poggi

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