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This is an interesting article, in light of CinemaNow’s funding (post below), about how studios are looking at other alllies in its digital movie distribution efforts. The premise of the story, a very genuine one, is that studios are now licensing movies to the likes of BitTorrent, Guba and Wurld Media, and these moves are a snub to older partners such as Movielink and CinemaNow, whose services have been widely criticized, as Hollywood struggles to find the right formula for movie downloads.
The problem is the CEO of Guba and BitTorrent make grandiose statements when there’s nothing to boast about yet. Said Guba’s CEO, Thomas McInerney: “Guba has more traffic than Movielink and CinemaNow combined. We’re already bigger than those players, and it’s only the beginning.” I’m sure he had a hard time keeping a straight face making that moronic a statement….when you start earning money besides porn, come to me and I’ll do a double take.
Until then, let’s all take it down a notch and get this thing working.