You can grow or buy: Blockbuster is buying Movielink for digital movie downloads

Netflix chose to develop and offer video on demand (and even hired Anthony Wood, CEO of ReplayTV). 

Video rental chain Blockbuster is going the route of “buy.”

Blockbuster announced that they will acquire Movielink, the digital movie download service owned by several major Hollywood movie studios. Reuters said that this will give Blockbuster “the online foothold it has long sought to compete with rival Netflix.”

Consolidation… It’s getting interesting again.

Tags: BlockbusterNetflix    

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