Blockbuster Throws Hat into Movie Download Business

jtroutman writes "Stepping into the ring to compete with entities such as Amazon, CinemaNow and, of course, NetFlix, Blockbuster announced today the acquisition of Movielink, LLC. The deal had been scheduled to take place earlier this year, but was quashed amid trouble between the then CEO, John Antioco, and the Board of Directors."

Re:rebound

[thanatos_x]

I don't think I'd call what they're doing a rebound... Closing 282 stores this year, in addition to past closures... and the almighty stock price is near it's lowest 5 year point of 4$/share (to be fair it's been there a few times before though...)

http://biz.yahoo.com/ap/070628/blockbuster_stores_ closing.html [yahoo.com]

Re:rebound

[hansamurai]

I would agree that if it wasn't for the free in-store rentals, my wife and I would have Netflix, but it's something we simply can't pass up. Basically now you just bring in your finished mailed DVD and get a free rental from the store. I'm too lazy to do that on my own but my wife is more than happy to pick something up, so more power to us I guess.

I wouldn't mind having multiple queues though like Netflix has. It's really kind of annoying getting 10 chick flicks in a row.