03 May 2008

Another industry bites the dust

According to the Washington Post, Apple has started to release movies on iTunes the same day they're released on DVD.
New titles will be available from Paramount Pictures and Warner Bros., along with News Corp.'s Twentieth Century Fox, Walt Disney Co., Universal Studios, Sony Pictures, Lionsgate, Image Entertainment, and First Look Studios.
Apple offers more than 1,500 films, including 200 in high definition. Studios now sell older movies for $9.99 each and provide films for rental under a service Jobs introduced in January. Apple said yesterday that it has 1,000 movies for rent.

Rico says watch for Blockbuster stock to start falling...

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