Blockbuster remembers it bought Movielink for a reason
While company after company enter the digital movie download realm including former outsiders like Apple and Microsoft, the company once synonymous with movie rentals has been noticeably absent: Blockbuster. This was especially surprising since it bought movie download site Movielink nearly a year ago presumably to enter the fray. Now it finally is.
Blockbuster has rolled out a very limited test of its Movielink implementation, according to The Dallas Morning News. 500 select users now have… Continue Reading
Blockbuster buys Movielink
Video rental company Blockbuster has bought the Internet video download movie provider Movielink, in its latest dash to compete with companies like Netflix and Wal-Mart.
Movielink, of Santa Monica, launched in 2001 and became the first service to offer legal downloadable movies and TV shows.
The price was a mere $20 million, according to WSJ, suggesting this was a fire sale — and a significant loss for its former owners, who had pumped $100 million into the… Continue Reading