Blockbuster Buys Movielink

With competition heating up between rivals Netflix and Blockbuster, the next move isn’t even about DVD rentals anymore, it’s now about the downloads. Netflix has offered VOD for awhile now and really has out-shined Blockbuster quite a bit. Now with the purchase of Movielink, Blockbuster has more customers, more ground to work on, and the ability to offer more than 3300 titles for download.

The price of the buyout has yet to be confirmed, but word is that it was a little under $50 million. Too bad Netflix still has more VOD movies. Keep trying Blockbuster! I may have canceled my subscription with you but I’d like to see more options for online DVD rentals.

Blockbuster buys movie download service Movielink [Reuters]