Report: Apple in advanced talks with movie studios about iTunes Store film rentals
Monday, June 11, 2007 - 12:01 AM EDT "Apple is in advanced talks with Hollywood’s largest movie studios about launching an online film rental service to challenge cable and satellite TV operators," Matthew Garrahan reports for The Financial Times."The service could be significant for Apple. If it signs enough studios, the group will get access to more premium film content," Garrahan reports.
"Apple, which declined to comment, is believed to be aiming for an autumn release," Garrahan reports. "A film would cost $2.99 for a 30-day rental. Its digital rights-management software would allow films to be moved from a computer to at least one other device such as the video iPod or iPhone. The software would prevent movies being copied."
Garrahan reports, "Sony Pictures Entertainment, 20th Century Fox, Paramount, Metro-Goldwyn-Mayer, Warner Bros and Disney declined to comment. Privately, though, the studios are excited about Apple getting into VOD. 'When you think about Apple customers they are so connected to the brand they will try anything to do with it,' said one senior studio executive."
Full article here.
[Thanks to MacDailyNews Readers "Don," "Judge Bork," and "Bizarro Ballmer" for the heads up.]

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