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MOVIES ONLINE? RETAILERS ARE GETTING READY

News | Apr 09, 2007

MOVIES ONLINE? RETAILERS ARE GETTING READY

MINNEAPOLIS (AP) – These days, people appear about as likely to buy their music online as they are to buy it at a store. Now that an effort is being made to make movies available for download, many retailers are trying to position themselves to be able to capitalize on the shift. Wal-Mart has launched its own movie download service. Another big-box seller, Best Buy, is said to be in talks to try to set up a download service of its own.
And earlier this year, Blockbuster looked into the possibility of buying download company Movielink. Music and DVD’s are important to retailers because they tend to drive shoppers into stores. But when music sales began shifting to online sites, many retailers suffered — and they are trying to avoid having history repeat itself when movies start selling online in increasing numbers.

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