Filed in archive
Announcements
by martino on August 14, 2007
Blockbuster acquired movie-download service Movielink as it seeks to better position itself for distributing movies through the Internet. Blockbuster said it will continue to operate the Movielink service and eventually make elements of the service available through Blockbuster Online.
The theory is that Movielink acquisition will give Blockbuster access to a large library of downloadable movies and a large array of television content since the service was a joint venture of major movie studios Metro-Goldwyn-Mayer, Paramount Pictures, Sony Pictures, Universal Pictures and Warner Bros. It will also allow Blockbuster to offer downloads via PCs, portable devices, home networks connected to TVs and certain set-top boxes.
This is an important tactic because Blockbuster is competing against Netflix and against cable operators offering video-on-demand (VOD). And others are also trying to enter into this space.
The purchase price was rumored to be less than $20 million.
The theory is that Movielink acquisition will give Blockbuster access to a large library of downloadable movies and a large array of television content since the service was a joint venture of major movie studios Metro-Goldwyn-Mayer, Paramount Pictures, Sony Pictures, Universal Pictures and Warner Bros. It will also allow Blockbuster to offer downloads via PCs, portable devices, home networks connected to TVs and certain set-top boxes.
This is an important tactic because Blockbuster is competing against Netflix and against cable operators offering video-on-demand (VOD). And others are also trying to enter into this space.
The purchase price was rumored to be less than $20 million.
Permalink: Blockbuster acquires Movielink
Tags:
Video+Rental
2007
blockbuster
digital
internet
acquires+movielink
blockbuster+acquires
august+2007
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/85810
Mr Wong
Vote for Blockbuster acquires Movielink:
|
Rating: 8.00 out of 1 vote(s) cast.
|
Response from:
Jonathan Salem Baskin
(08/14/07 6:18am)
Subscribe
Use the search to look for other interesting posts
| RSS | See all blog subscribe options |
|
What is RSS? | |
| Yahoo! |
|
| Addthis |
|
| Bloglines |
|
| Newsletter | |
| Follow us on Twitter! |







if you'd like to check it out.