Wednesday, April 20, 2011

Tesco Puts Internet TV In Their Shopping Basket

Another day and another deal in the Internet TV space.

In the past couple of years Tesco has seen its DVD sales fall off a cliff, so it's not surprising that they've moved into the online video space with the purchase of a majority holding in online movie provider Blinkbox to form a major potential rival to Amazon's LoveFilm.

The buying power of Tesco should enable Blinkbox to considerably extend its offering and will probably mean that it can buy better rights windows too.

It also makes life even more difficult for telcos and MNOs without a TV offering.