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Netflix, Inc. (NFLX) Message Board

  • petelato petelato Nov 19, 2010 4:13 PM Flag

    I think this may be Netflixs biggest rival..

    They started to stream in Canada, will probably start streaming in US soon after-they have a tight relationship with the movie studios being as how they operate a large string of theaters...studios would probably favor them with new releases over NFLX.
    From article on Reuters:
    Movie exhibitor Cineplex Entertainment has joined the growing crowd of media companies offering online movie rentals and sales in Canada, with the launch of its digital download service at Cineplex.com.

    The company, which is owned by Cineplex Galaxy Income Fund (CGX_u.TO), said the service complements its DVD and Blu-ray sales and will allow users to access movies through video-on-demand and download-to-own formats.

    New releases will be available for digital download on the same day they are released on DVD and Blu-ray, Cineplex said

 
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