Thursday, May 1, 2008

iTunes Movies Set to Be Released Same Day as DVD Sales; Warner Bros. To Experiment With Same-Day Releases on DVD and VOD

After years of negotiating with the movie studios, Steve Jobs finally got them to agree to put their movies on iTunes the same day as they release them on DVD. Apple is expected to announce Thursday that it has struck a deal with a wide array of movie studios to sell new releases at its iTunes Store. The move would allow a broad slate of top-shelf films to be offered day-and-date with home video releases, which risks cannibalizing DVD sales. Such a move would also put significant pressure on iTunes competitors ranging from Amazon's Unbox to Microsoft XBox Live Marketplace. The new arrangement is expected to involve Fox, Walt Disney Studios, Warner Bros., Paramount, Universal, Sony Pictures, Lionsgate and New Line. The deal does not include new titles from MGM, but does extend to boutique firms such as Magnolia and Image Entertainment. The news follows Wednesday's disclosure by Time Warner CEO Jeffrey Bewkes that Warner Bros. will experiment with video-on-demand releases day-and-date with DVD.
http://news.yahoo.com/s/nm/20080501/media_nm/apple_dc

http://www.techcrunch.com/2008/05/01/better-late-than-never-apple-finally-gets-serious-about-movie-downloads/

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