Editors note: This story incorrectly reported that Stage6 operates on an H.264 codec. Stage6 runs on the DivX codec.
The Internet was supposed to be the primo way to distribute movies, but the past week has seen the sector take some body blows.
Google told customers on Friday that it's getting out of the video-on-demand business. Earlier in the week, five of the top motion-picture studios unloaded Movielink when they sold the online VOD service to Blockbuster for around $20 million, according to the Wall Street Journal. The cost to develop the service: $100 million.
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