Movielink signs up Fox to make available hundreds of movies online. “Movielink was formed several years ago as a joint venture of five Hollywood studios to provide a legal alternative for consumers who want to download movies to personal computers. The studios are concerned that sites offering illegally copied movies will diminish their revenues. But the studios also see the Internet as a lucrative, future way to reach customers directly. Film downloading, unlike music, has been slow to develop as few homes had the high-speed Web connections needed to quickly get movies.”