Thursday, August 09, 2007

Blockbuster Acquires Movielink - New York Times

The WSJ quotes someone close to the deal saying it was < $20M. 

The video rental chain Blockbuster said yesterday that it had acquired the Internet movie provider Movielink to offer video downloading services to customers.

Blockbuster is also acquiring rights to show the films of Movie- link’s owners, which include Warner Brothers Studios, Metro-Goldwyn-Mayer and Paramount Pictures, it said. Financial terms were not disclosed.

Blockbuster Acquires Movielink - New York Times

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