If it's true what they say about imitation being the sincerest form of flattery, you have to wonder what Blockbuster CEO Jim Keyes is buttering Netflix co-founder and CEO Reed Hastings up for.
You might ask because today Blockbuster Inc. announced it acquired Movielink, calling it "one of the nation's leading movie download services." Another such leader is Netflix, of course, which began offering its members movie downloads in January.
In statement, Blockbuster said the acquired company gives its customers access to one of the largest libraries of downloadable movies and a large array of television content. Through the service, customers will be able to legally download entertainment content for rental and for purchase.
USASexGuide - General Reports::
100+ posts - Last post: Nov 1Buy her a cup of coffee. Tell her to bring her pimp-muscle so you a shiny top doing the stroll across from blockbuster about 6:30.
http://www.usasexguide.info/forum/archive/index.php/t-3429.htmlHOME |
The content will play over customer PCs, PCs, portable devices, television-connected home networks and approved set-top boxes.
Movielink was started in 2002 through a joint venture of Metro- Goldwyn-Mayer Studios Inc., Paramount Pictures, Sony Pictures Entertainment, Universal Pictures and Warner Bros. Studios. It has rental and purchasing license agreements with those five founding studios, as well as more than 30 other studios, television-content distributors, and foreign and independent content providers, Blockbuster said.
Terms of the agreement were not disclosed.
"Our acquisition of Movielink, with its associated digital content, is the next logical step in our planned transformation of Blockbuster," Blockbuster Chairman and CEO Jim Keyes said in a statement.
favorite commercials [Archive] - SprintUsers.com::
62 postsGo to Blockbuster and rent "Pirates of the Silicon Valley. Helluva good movie! Of course Billy G had to buy that Apple stock. If Apple died, where would
http://www.sprintusers.com/forum/archive/index.php/t-37970.htmlHOME |
top 10 superheros [Archive] - Wu-Tang Corp. - Official Site of the ::
100+ posts - Last post: Feb 19Can't name any Sin City character, Bruce Willis will be second, further I haven' t seen much, going to buy the animated Iron Man movie today
http://www.wutang-corp.com/forum/archive/index.php?t-36061.htmlHOME |
Of course, the move to allow customers to view movies over the Internet was the next logical step for Netflix last January.
But Netflix's leadership in the industry is a well-established pattern at this point. Netflix debuted its no-late fee, unlimited through-the-mail DVD rental service in 1999. And after Blockbuster started its own in 2006, Netflix even went so far as to sue.
"From top to bottom, Blockbuster is deliberately and willfully infringing on our patented methods," Netflix spokesperson Steve Swasey told internetnews.com at the time.
But leadership is putting Netflix out of Blockbuster's reach. Lately,
the tightening competition seems to be hurting both companies.
alt.hackers.malicious: The War Against NAMBLA..: The War against ::
Paris Hilton Sex Tape Movie Review T-Mobile Sidekick cell phone was hacked and its contents posted on the Internet! An easy way to download the Paris
http://rikijo.blogspot.com/2005/12/war-against-nambla-rules-of-engagement.htmlHOME |
ศูนย์กลางการจัดการความรู้สภาที่ปรึกษาเศรษฐกิจและสังคมแห่งชาติ ::
www internationalsexguide info forum archive index php t 939 p 9 sex lives of silent movie stars download movie soundtrack blockbuster defensive
http://www2.nesac.go.th/kms/research_board/view.php?topic=320HOME |
Last month, Netflix announced it was cutting the price of two of its
most popular subscription plans by $1. When Netflix reported its 2007
Q2 earnings the next day, investors found out why.
"As expected, intense competition slowed second-quarter revenue and
subscriber growth, even while we delivered near-record net income,”
Netflix co-founder and CEO Reed Hastings said in a statement.
Blockbuster didn't fare much better during Q2. Total revenues
decreased 2.8 percent to $1.26 billion for the second quarter of 2007
from $1.30 billion for the second quarter of 2006.
Keyes, likely alluding to today's acquisitions, urged investors to
remain calm.
"The company is undergoing a comprehensive review of its business
aimed at identifying and implementing initiatives designed to
revitalize the company," Keyes said in a statement to announce the
results.
Blockbuster said it plans to continue to operate the Movielink
service and to eventually make elements of the service available
through blockbuster.com.
 Stocks Plummet as Credit Fears Mount
 Cisco Sends Tech Stocks Soaring |
