Blockbuster buys Movielink
We heard it was going to happen, and it did: Blockbuster bought Movielink for an undisclosed sum, surely to compliment its online offerings to better compete with arch-nemesis Netflix in the internet movie distribution game. And surely if it did sell for the piddly $50 mil figure being tossed around before, the barrier to this entry is just a drop in the bucket for the big blue movie rental giant.
[Thanks, Philip]