Movie Beam. The Movies You want Instantly?
Posted on 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>
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[...] Original post by beewax [...]