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Apple's ITunes Negotiating With Studios Over Movie Pricing


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After conquering the digital music biz and taking the lead with TV shows online, Apple is looking to feature films.

The computer company is in active negotiations with most major studios to add movies to its iTunes Music Store, most likely by the end of the year, numerous sources confirm. The main sticking point is price.

Apple CEO Steve Jobs, who has been personally involved in the talks, initially proposed selling all films at a flat price of $9.99 -- an offer the studios flatly rejected.

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Variety

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Apple in talks with Hollywood over film downloads for iTunes........

Apple's chairman Steve Jobs is heading for another showdown with the media industry over plans to start selling film downloads at the company's iTunes online store.

The big Hollywood studios are resisting Mr Jobs' plan to sell feature-length films at a flat rate of US$9.99 and are refusing to license any content to iTunes unless he agrees to flexible pricing.

The studios want consumers to pay twice that amount for new releases fresh out the cinema.

more.........

http://www.nzherald.co.nz/category/story.c...jectid=10387433

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