Blockbuster buys Movielink

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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]


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