Apple and Fox plan movie rental deal: reports
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Apple Inc and Twentieth Century Fox  are set to announce a deal that will allow consumers to rent  Fox movies through Apple's digital iTunes Store, according to  media reports on Thursday.
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Apple Computer Inc. AAPL.O said   on Tuesday its iTunes online music store would begin selling   movies from Walt Disney Co.'s DIS.N Disney, Pixar, Touchstone   and Miramax divisions as the iconic company makes it most   aggressive move yet into the digital home.
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At the annual show in San Francisco, Apple chief executive Steve Jobs made two major announcements but only confirmed what bloggers had already sniffed out: iTunes will start renting out movies, and the company will offer a super-thin laptop.
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Apple Inc  will start renting movies over the Internet, Chief Executive Steve Jobs said on Tuesday, moving the iPhone and iPod maker into a very competitive market.
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Apple Inc and News Corp.'s Twentieth Century Fox are set to announce a deal that will allow consumers to rent movies through Apple's digital iTunes Store, media reports said on Thursday.
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Blockbuster for your iPod More details are emerging of the deal to make Fox films and TV shows available for rent through Apple's iTunes service.â¦
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A reported tiff between the label and Apple could signal a new negotiating stance.
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Available today with the free download of iTunes 7.6, iTunes Movie Rentals allows customers to rent movies for as little as $2.99 and watch them on their Macs or PCs, all current generation iPods, iPhone and Apple TV. Featuring movies from all the major movie studiosâ20th Century Fox, The Walt Disney Studios, Warner Bros., Paramount, Universal Studios Home Entertainment, Sony Pictures Entertainment, Metro-Goldwyn-Mayer (MGM), Lionsgate and New Line CinemaâiTunes Movie Rentals is expected to offer more than 1,000 movie titles by the end of February, including over 100 titles featuring stunning high definition video with 5.1 Dolby Digital surround sound. Movies can be rented directly from a widescreen TV using Apple TV.
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The company adds movies to its iTunes store and previews a media-streaming device.
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The Motley Fool - Yesterday, I wrote about how everyone and their neighbor seems to gunning for a slice of Apple's (Nasdaq: AAPL - News) iPod and iTunes business. And while I still believe it's possible for News Corp.'s (NYSE: NWS - News) MySpace, Microsoft (Nasdaq: MSFT - News), and Sony (NYSE: SNE - News) to erode some of Apple's market share for downloadable music, I don't expect the company to passively stand by as revenues drop.
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Apple's movie rentals will boost the company's business, and iTunes is set "to become a key destination for movies," researcher says.
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Rumors are abound that Apple will release a movie rental service on iTunes.  And as Don Reisinger points out, the company should do it as soon as possible.
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iTunes users might soon be able to download Fox movies, and Apple could also be ready to reverse its stance on licensing its FairPlay DRM, according to reports.
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No. 1 video rental chain says price would be $11.50 cash for each share of Hollywood, possibly more. NEW YORK  - Blockbuster Inc.
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(InfoWorld) - Apple will show off new MacBook Pro notebooks along with a full demonstration of the next operating system, Mac OS X 10.5 (a.k.a. Leopard), at next month's Worldwide Developers Conference (WWDC), a Wall Street analyst predicted Wednesday. PiperJaffray analyst Gene Munster rejected rumors that Apple will tout its iPhone at the conference, which opens June 14 in San Francisco. Instead, Apple will launch the new cellular phone in late June. At WWDC, Munster wrote in a note to investors, CEO Steve Jobs and crew will flesh out the remaining undisclosed features of Leopard, announce updated or new MacBook Pro models, and perhaps unveil a revamped iMac desktop lineup. "We believe the Street would react positively to such product announcements," he said. Munster's forecast didn't exactly come from left field. Apple has already promised that Leopard, once scheduled for a spring release but now shooting forÂ October,Â would be feature-complete by WWDC. Developers, in fact, are to receiveÂ beta copiesÂ of the new operating system at the conference. Nor is the MacBook call a long shot. Just last week the Cupertino, Calif. computer makerÂ tweakedÂ the MacBooks by boosting hard disk capacity and bumping up processor speeds, clearing the way for an upgrade to the pricier Pro models. Analysts, pundits, and bloggers have for weeks been hyping the idea ofÂ LED-backlitÂ MacBook Pros using the new Intel Santa Rosa chip set. Although neither Apple or AT&TÂ have spilled an iPhone launch date, Munster figures it will come after WWDC. That means there's little chance sales will boost Apple's bottom line for the quarter ending June 30. However, during the next three months, Munster predicted Apple would sell approximately one million iPhones at an average price of $550 each. But because Apple plans to account for iPhone revenues over the life of each phone's contract, the company will see only $27.5 million in recognized revenues for the quarter. Munster also pegged the September quarter as the time frame for a widescreen iPod -- essentially a stripped iPhone. "Expect Apple to launch new widescreen iPods with the iPhone's multi-touch technology at a price-point below the iPhone's $499," said Munster. "Like $399." PiperJaffray maintained its Outperform rating for Apple shares, with a price target of $140. On Wednesday, Apple closed $112.89, down 65 cents or 0.57 percent, for the day.
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Shares of Blockbuster Inc. plunged nearly 17 percent on Tuesday after a new threat emerged to the world's largest chain of movie-rental stores: Apple Inc. announced it now offers movie downloads via iTunes.
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Apple Computer Inc. indicated that chief executive Steve Jobs will outline plans next week to sell full-length movies through its iTunes music and video store.