Best Buy to launch CinemaNow in May

According to Reuters, Top electronics chain Best Buy will launch this month its planned online service CinemaNow that allows consumers to buy, rent and download movies and television shows.
With the launch Best Buy will join established online media players like Amazon.com Inc, Apple Inc's iTunes store as well as growing services like Netflix Inc and Wal-Mart's recently acquired Vudu service.

The new digital video service, based on Sonic Solutions' Roxio CinemaNow service, would be in-built in the devices sold at Best Buy stores, ranging from television sets to Blu-ray disc players. It will also be available on an array of other devices from various manufacturers later this year.

PC users can also access the service by visiting the website (www.cinemanow.com). --------

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