“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>
“MovieBeam is a brilliant new way to rent and watch movies at home. Get movies delivered directly to your TV — no cable, satellite, or computer is required!
Movies are beamed wirelessly into your home using MovieBeam’s patented digital signal and the sleek MovieBeam Player. It’s simple. It’s fast. It’s smart. Renting movies from your living room has never been easier.
|Get up to 10 new movies every week, up to 40 every month! Always 100 movies at your fingertips.|
|Instant access to New Releases and Popular Pictures from virtually every major Hollywood studio.*|
|No more trips to the video store or waiting for DVDs in the mail.|
|No subscription fees, late return fees, or hidden fees.|
|Wow your senses with select movies in amazing HD quality!**|
MovieBeam’s unparalleled simplicity and speed make it the most convenient way to get all of the latest Hollywood hits in your living room.