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Blockbuster Buys Movielink
Deal includes content agreements with major studios.
08.09.2007 — What took them so long?
Blockbuster has been dilly-dallying with online movie services for a long time, while the established move-download services continue to thrive.
Finally, Blockbuster announced it has acquired Movielink, one of the nation's leading movie download services. No terms of the deal were announced, but Blockbuster says it will continue to operate the Movielink service eventually offer movie downloads at blockbuster.com.
As for NetFlix? The company decreased its DVD rental rate by $1 per month to compete with the Blockbuster. That does it, I'm signing up. (Although my mother tried to awhile ago and had a painful experience. Read her account in "Nyet-Flix.")
Movielink was established as a joint venture between Metro-Goldwyn-Mayer Studios Inc., Paramount Pictures, Sony Pictures Entertainment, Universal Pictures and Warner Bros. Studios.
Read the Blockbuster press release.
Blockbuster has been dilly-dallying with online movie services for a long time, while the established move-download services continue to thrive.
Finally, Blockbuster announced it has acquired Movielink, one of the nation's leading movie download services. No terms of the deal were announced, but Blockbuster says it will continue to operate the Movielink service eventually offer movie downloads at blockbuster.com.
As for NetFlix? The company decreased its DVD rental rate by $1 per month to compete with the Blockbuster. That does it, I'm signing up. (Although my mother tried to awhile ago and had a painful experience. Read her account in "Nyet-Flix.")
The number one rated Web site in the world for customer satisfaction just gave people something more to love: lower prices. Netflix, Inc. (Nasdaq: NFLX), the world's largest online movie rental service, today announced it is dropping the price of two of its most popular subscription plans by $1.
Movielink was established as a joint venture between Metro-Goldwyn-Mayer Studios Inc., Paramount Pictures, Sony Pictures Entertainment, Universal Pictures and Warner Bros. Studios.
Read the Blockbuster press release.
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Julie Jacobson, Editor-at-large, CE Pro
As a co-founder of EH Publishing in 1994, Julie has edited and contributed to all of the company's publications at one time or another. An authority on home automation, networking, integration, digital convergence and the CE pro channel, Julie speaks often about these subjects at industry events. She graduated with a B.A. in Economics from the University of Michigan, and received an MBA from the University of Texas at Austin. Julie is a washed-up Ultimate Frisbee player.
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