Blockbuster buys Movielink
August 9th, 2007 | by Arun Mani |
Blockbuster bought Movielink for an undisclosed sum, surely to compliment its online offerings to better compete with rival Netflix in the internet movie distribution game. In the deal, Blockbuster also picked up the rights to show flicks owned by Movielink’s now-former owners, which include Warner Bros., MGM, and Paramount, giving it something of a leg up on Netflix’s service, which has a slightly limited selection.
Source: REUTERS