Blockbuster took a futile swing into the darkness to try and compete with NetFlix, purchasing Movielink, a company that allows you to download films from many major studios. The good news? There's a thick library of films to choose from, as the company has the cooperation of those studios. The bad news? There's DRM up the proverbial wazoo, making it inconvenient to use the content when you've downloaded it.
Blockbuster has been parrying NettFlix for the better part of two years now, since the online movie rental company has become the juggernaut it is. In the meantime, Blockbuster is still tied to brick-and-mortar establishments, which cost a lot fof money for rent and overhead, and it plunging dangerously toward bankruptcy. We'll see what happens next.
TechCrunch.com: Blockbuster Desperate To Do Something, Buys A Loser