Movie Gallery announced that they have acquired the MovieBeam service for an undisclosed amount.
In addition to MovieBeam's proprietary set-top box based content delivery network, Movie Gallery intends to use MovieBeam's existing infrastructure to underpin the development of alternative digital delivery capabilities. Movie Gallery believes that the state-of-the-art MovieBeam technology will be instrumental in its efforts to digitize and deliver content to its customers - - in both standard definition and high definition formats -- via new mediums including, for instance, downloading or streaming of movies over the internet, internet protocol-based content delivery and other developing channels.
This is getting crazy. We now have Amazon, Apple, Blockbuster, Microsoft, Netflix, Movie Gallery, Wal-Mart and a bunch of others trying to get an early lead in the movie download business.
Thanks to Eric & Rick for sending this in.