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afterdawn.com > news > movielink appoints a new ceo
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Movielink appoints a new CEO

29 January 2002 13:25 by Petteri "dRD" Pyyny

According to CNet, the major movie studio-owned online movie service Movielink has appointed a new CEO to run its operations towards launch that is expected to happen in latter half of year 2002.

New CEO, Jim Ramo, a former executive of DirecTV, says that company will focus on building the infrastructure and brand required to launch the service successfully.

Movielink, formerly known as MovieFly, is backed by five major movie studios; Sony Pictures, Viacom's Paramount, MGM, AOL Time Warner's Warner Bros. and Vivendi Universal. Service will offer movies from all five studios to consumers to download to their PCs instead of streaming them. The decision to offer movies as downloads instead of streams is extremely good -- who wants to sacrifice quality of the video because of network glitches or even get the movie cut off when network connection dies.

Company still has to decide what will be the format of the online video -- analysts are already placing bets to ISO-compliant MPEG-4 with certain security additions.

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Related articles:

  • Movielink launched -- only for U.S. customers (11 November 2002)
  • Intertainer sues major movie studios (24 September 2002)
  • CinemaNow to sell Warner Bros movies (9 September 2002)
  • IBM to power MovieLink (9 September 2002)
  • Fox abandons Movies.com venture (29 April 2002)
  • Disney and Fox to launch VOD service (5 September 2001)
  • Movie studios form a joint VOD venture (17 August 2001)
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