Apple to offer latest release movies on iTunes

Apple is expected to announce Thursday that it has struck a deal with a wide array of major and mini studios to offer many new releases for purchase 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.

The new arrangement with the studios 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.

View: Full Article @ The Hollywood Reporter

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