Movie Beam. The Movies You want Instantly?

March 14, 2007

By admin

“Well that didn’t work. On-demand movie company MovieBeam¹, a much-toiled-over Disney spinoff, has been bought² by Movie Gallery³ for less than $10 million. With burnout speed of bubble proportions, MovieBeam had just one year ago relaunched with $48.5 million in recapitalization⁴ from major backers after a reported $70 million⁵ spent on the project at Disney.MovieBeam’s pricing was utterly uncompelling”…. <More>