Coastal Capital Acquisition Corp (CCAJ)

[BriantheBrain]

AOL said the earlier deal has helped Movielink increase downloads from its 1,000-films strong library by 15 percent. Typically, Movielink charges $4.99 for each film download. "Since our initial partnership with Movielink, we've steadily seen increased usage among the AOL for Broadband community," Steven Yee, vice president and general manager of AOL Movies and Moviefone.com, said in a statement.

Internet companies are aiming to fuel demand for subscription video services, a market that's expected to grow from about $991 million in 2003 to more than $4.5 billion in 2007, according to recent research from In-Stat/MDR.

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