The major video movie rental chain, Blockbuster, has struck a deal with TiVo, the digital video recorder pioneer. Beginning later this year, Blockbuster will offer video downloads straight to your TiVo right in the comfort of your living room.
"Ultimately, our vision is to work with TiVo so that their subscribers can access movies not only through our OnDemand service but also from our stores and through our by-mail service as well," said Jim Keyes, Blockbuster's chairman.
The service is expected to cost about $4.00 a movie. Then you'll have a 30 day time frame to begin watching the movie.
This move comes less than a week after Blockbuster said it was determined to stay in business despite credit problems.
Blockbuster said three of its largest creditors have agreed to work with the company to alleviate concerns about payments due this summer.