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Blockbuster Buys Movielink
Deal includes content agreements with major studios.
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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About the Author
Julie Jacobson, Editor-at-large, CE Pro
Julie Jacobson is co-founder of EH Publishing and currently spends most of her time writing for CE Pro, mostly in the areas of home automation, networked A/V and the business of home systems integration. She majored in Economics at the University of Michigan, earned an MBA from the University of Texas at Austin, and has never taken a journalism class in her life. Julie is a washed-up Ultimate Frisbee player with the scars to prove it. Follow her on Twitter @juliejacobson.
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