Cinemanow gets $20 million

Cinemanow announces they will get $20 million in fresh funding.
I found this via Reuters news service.
“The market for legal movie downloads is still small, and only a few competitors–such as Movielink, Guba and BitTorrent–exist, but industry watchers and Hollywood’s studios believe that the arena may one day eclipse DVD retail and mail services like Blockbuster and Netflix.It has only been in recent months that Hollywood’s major studios have been allowing users to buy movies and store them permanently on computer hard drives. Until then, the studios were worried about piracy and would let users just “rent” films that could be stored for a short time on computers, then automatically deleted.”
CinemaNow gets fresh funding | CNET News.com

We really like Cinemanow and think the service will only get better. It like MovieLink suffers from limitations set by conservative Hollywood but things seem to be getting much better.

If you would like to learn more about Cinemanow or legal downloading head on over to our legal download review section: http://www.mymoviedownload.com/content/legal-downloads/

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