Better Title: Blockbuster (the also-ran) Contemplates Buying Movielink (the never-was)

The good folks at Ars Technica have an interesting post on Blockbuster’s desire to save its dying business by buying a failed business, Movielink. Movielink is a DRM crippled, online movie service foisted on an uninterested public by the five major movie studios. According to reports in the SJMN and the WSJ the price is less then $50 million and that includes a DNA test to see if you’re Anna Nicole Smiths baby-daddy. The move is your text book MBA, “buy a lemon to save the dinosaur” strategy. To a failing Luddite business this strategy makes a great deal of sense. The rest of the world just yawns.

Enjoy and Share: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • NewsVine
  • Ma.gnolia
  • BlogMemes
  • del.icio.us
  • digg
  • Reddit
  • StumbleUpon
  • TailRank
  • BlinkList
  • Furl
  • Technorati

0 Responses to “Imploding Blockbuster Wants Failing Movielink”

  1. No Comments

Leave a Reply





Flicks from Flickr

Be An Angel Investor

Add to Technorati Favorites