Best Buy to expand movie download service CinemaNow to consumer electronics

best-buy-logoThe biggest consumer electronics retailer in North America, Best Buy, has announced the company would expand its online movie and media download service, CinemaNow (powered by Roxio technologies), to support in-home consumer electronics.

CinemaNow allows consumers to rent and buy movies by downloading the movies to their computers on demand.

The service is already available for personal computers, including Windows, Mac, and Linux based machines, among others, but the service will now be expanded to various consumer electronics starting with blu-ray players through a partnership with the Korean electronics giant LG.

 The company says it has plans to bring the service to more consumer electronics including home theaters and more widespread support throughout different brands and models.

The online movie and television rental space is becoming more and more saturated as large market participants including Wal-Mart, Amazon, Apple, Netflix, Blockbuster, among countless other start-ups offer the same services with some differentiation.

Netflix for example, already offers its service through Microsoft’s Xbox gaming platform, putting the service into millions of homes automatically via a simple firmware software update Microsoft recently released.

As more people begin to get their movies from the Internet for obvious convenience reasons, traditional movie rental services like Blockbuster have struggled more recently financially, prompting even traditional providers to offer their own online movie service, or risk going out of business.

The intensifying competition should continue to put downward pressure on prices.

The Best Buy stock (NYSE:BBY) opened 1.24-percent down to $42.58 per share in today’s trading session.

tag TAGS:
Short URL:
b2p Ensure that you follow us on Twitter and Like us on Facebook
Murad is an engineering graduate from Centennial college in Toronto, Canada. Write to [email protected]
We are perfectly committed to the highest ethical and professional codes of conduct and standards in the industry on a firm wide basis. Learn more about us, our contributors, and our governance
We encourage you to comment. Comments are moderated. Comments that are abusive, off-topic, have marginal substance, or include promotional content will be removed. We cannot facilitate requests to edit or remove comments, or explain moderation decisions
  • Techwatch

    the end of the DVD is nigh

    • Devonz

      DVDs should be replaced with USBs, I agree! why have so much redundancy

  • consumer elctronics

    Good blog! opportunity to expand movie download service Cinema Now to consumer electronics.

  • consumer elctronics

    Best blog related to Dvds.I recommend this to all my friends.

  • consumer elctronics

    Great !! can find much more sufficient infornation about USB technology.

  • consumer elctronics

    Great !! can find much more sufficient infornation about USB technology.

Business 2.0 Press publishes exclusive business tech news and analysis covering start-ups to large-caps from Bay & Wall streets since 2008 from a group of highly knowledgeable industry professionals that abide by the toughest industry codes of conduct and professional standards lightMore

lightAdd value by subscribing (RSS)

logo has the most stock ratios for public companies. Get the most comprehensive micro insight on public firms available on the web, all for free.
Stock Fractionsgo


Colon cancer is one of the leading causes of death. Irrespective of family history, everyone is exposed to the risk. About 90% of colon cancer cases begin from non-cancerous tumors, polyps, which could form in the large bowel. Screening with a colonoscopy will painlessly remove any polyps hence almost entirely reducing your risk of developing the horrible disease. The good news is that about 90% of colon cancer cases are preventable through a simple (yes, simple) colonoscopy.
Learn moreatom
Public service message from Business 2.0 Press