Jari Ketola
9 Jun 2004 12:21
The joint on-demand video venture Movielink has been cleared of all antitrust suspicions by the U.S. Justice Department's antitrust division. The division found no evidence that Movielink has led to collusion or decreased the industry's willingness to license content to competing services.
The antitrust worries were justified, because Movielink is a joint venture of Time Warner and Metro-Goldwyn-Mayer, among others.
Online DVD renter Netflix has said it will begin testing online movie delivery this year. Movielink faces competition from other services as well, such as Disney's MovieBeam.
Source: Reuters