Blockbuster Gets Into Digital downloads By Buying Movielink

Blockbuster has acquired the Internet movie provider Movielink to offer video downloading services to customers. Blockbuster is also acquiring rights to show the films of Movielink’s owners, which include Warner Brothers Studios, Metro-Goldwyn-Mayer and Paramount Pictures, it said. Financial terms were not disclosed. Blockbuster is also an investor in a Movielink competitor, CinemaNow, which has 4,000 film, [...]