Apple and Fox planning movie rental deal: reports
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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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During his Macworld 2008 keynote Tuesday, Steve Jobs announced what everyone knew was coming: iTunes movie rentals. An update to Apple TV was also unveiled.
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Appleâs sputtering efforts to be a major purveyor of video downloads may get a boost in 2008 from an agreement with 20th Century Fox for digital movie rentals.
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Apple Computer Inc. AAPL.O may   soon launch a service that allows users to download   feature-length films, boosting its presence in the digital   home, analysts said on Tuesday.
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A California judge plans to order Apple Inc  to turn over company board-meeting minutes and records relating to stock options accounting to an investor, according to a newspaper report on Tuesday.
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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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The technology world is split over whether Apple's foray into movie downloads will be a success.
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Apple is near to closing agreements with all of the top studios, BusinessWeek reports.
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Movie-rental company Blockbuster Inc.  is in advanced talks to acquire Movielink LLC, an online movie-downloading company owned by the major Hollywood studios, the Wall Street Journal said on Thursday, citing people familiar with the matter.
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As expected, Apple CEO Steve Jobs announced "one more thing" on Tuesday: movie downloads through iTunes. Customers will initially have access to 75 films, with more being added each week. For now, however, only movies from Disney will be offered.
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AppleInsider has posted predictions from American Technology Research analyst Shawn Wu that point to new Macs with Blu-ray drives premiering at Macworld on January 15.
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(InfoWorld) - Talk about the coming iPhone and AppleTV deviceÂ dominated the discussion with the chief financial officer of AppleÂ at an investment conference in San Francisco Tuesday. Peter Oppenheimer, appearing at the Morgan Stanley Technology Conference, declined to give specific unit sales forecasts for the new products but anticipated they will be strong. IDG News Service monitored the event via Webcast. "AppleTV will change the way people gather and purchase their digital content," said Oppenheimer of the $299 AppleTV, due out later this month. It is a set-top box that delivers digital content stored on a computer, including video purchased from Apple's iTunes online store, to a TV. However, the usefulness of the AppleTV may be tied to the amount of video content available on iTunes. Today, he said, 400 movies and 350 TV programs are available for downloads, with more added all the time. He said Apple recently reached agreements with film distributors Paramount Pictures and Lion's Gate Entertainment to sell downloads of their movies on iTunes. The much-anticipated Apple iPhone is scheduled to hit the market in June. The iPhone, which Apple CEO Steve Jobs introduced at Macworld in January, features anÂ innovative touch-screen interfaceÂ on a combination phone, iPod, and e-mail and Internet access device. It will sell for $499 or $599 depending on storage capacity, and will require a two-yearÂ contract with Cingular Wireless, the mobile division of AT&T. He declined to comment specifically on a March 1 report from Morgan Stanley analyst Kathryn Huberty, who interviewed him at the conference, in which she raised her forecast for 2007 iPhone sales to 8 million from an earlier forecast of 6 million, based on a survey of 2,500 U.S. customers. "Half the demand is coming from the traditional high-end handset market and half from Apple's customer base," Huberty said. While not commenting on the forecast, Oppenheimer said the iPhone will be a "breakthrough product." "Though Apple is new to the mobile phone market, we believe the addressable market will grow quickly," he said. In itsÂ last quarterly earnings reportÂ on Jan. 17, Apple posted net income of $1 billion, or $1.14 per share, on revenue of $7.1 billion for the three months ended Dec. 30, 2006. Analysts forecast Apple to earn $0.62 per share on revenue of $5.16 billion in the current quarter, according to a consensus estimate produced by Thomson Financial. In a 40-minute conversation with Huberty, including questions from other analysts in the audience, Oppenheimer did not discuss theÂ stock options scandal at Apple. The U.S. Securities and Exchange Commission and the U.S. Attorney's Office in San Francisco are investigating whether Apple improperly accounted for and disclosed the backdating of options. No charges have been filed. Â
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Apple is reportedly in talks to bring movie rentals to its iTunes store, with the company reportedly planning to offer rentals for $2.99 USD for 30 days.
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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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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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Merger talks between Verizon  Communications VZ.N and MCI Inc. MCIP.O have advanced, and  the two companies could announce a deal in the next few days,  the Wall Street Journal reported on Friday.
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CHICAGO _ In a move widely viewed as inevitable, Steve Jobs said Tuesday that Apple Computer Inc. will sell movies from its online music store with prices starting at $9.99.