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Jan
18

iTunes In The Movie Business

Now you will be able to download movies to your iPod. Steve Jobs announced that iTunes is now in the movie rental business. He announced this at the MacWorld San Francisco 2008 keynote address.

The partners in this new business venture are Touchstone, Mirimax, Lionsgate, Newline, Fox, MGM, Warner Bos., Disney, Paramount, Sony, and Universal Studios. This partnership will provide iPod owners with the ability to watch movies on Macs, iPods, iPhones, and Apple TV’s via iTunes.

Rentals are going for $2.99 for older movies and $3.99 for new releases. The quality of the movies will be equal to DVD quality.

Rentals will be ready 30 days after the DVD release of the movie. You’ll have 30 days to begin watching the movie, and then you only have 24 hours to finish the movie.

You can also get HD movies.

High definition movies are also available for $4.99 each, with 100 titles available today—but it appears these are only available on the Apple TV.

Side Bar: Steve Jobs also announced that iTunes broke a single day record where Christmas day brought in 20 million songs downloaded in a 24 hour time frame!

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One comment so far. (RSS)

  1. Wow! Apple is taking over the world…

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