MovieBeam is calling customers today and telling them that the datacasting HD movie service is ceasing operations as of December 15th, with certain customers eligible for a refund on the hardware. It's been rocky going for the company since spinning off from Disney a couple years ago, with a series of investments and acquisitions along the way, but none of the owners ever really managed to make the limited-selection, high-DRM, wonky-quality movie rental business model really work. Although we're always sad to see another gadget fade into that sweet night, something tells us we're not going to mourn for long.

[Thanks, Dustin]

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