Blockbuster Buys Movielink to Fight Netflix
According to this Reuters report, U.S. movie rental chain Blockbuster Inc said on Wednesday it has bought film download service Movielink for undisclosed terms, giving it a stronger hold in an area where rival Netflix Inc is also staking a claim.
Movielink and Netflix both offer streaming online video, which lets consumers watch movies over the Internet right on their computer. Or, if they have media PCs in the living room, they can also watch the movies on their large living room televisions.
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