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Jony

Hollywood studios to offer major films for download just weeks after they debut

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Despite the objections of some cinema chains, the largest Hollywood studios are considering pushing ahead with a plan to offer digital rentals of films just weeks after they appear in theaters, according to Bloomberg. 


The report, citing people familiar with the matter, claims Universal Pictures and Warner Bros. remain in talks with potential distributors such as Apple and Comcast on ways to push ahead with the project even without theater chains. 

A deal with Apple, which reportedly could happen as soon as early next year, means iTunes could supposedly offer major films as early as 17 days after their theatrical debut for about $50, or four to six weeks from release for $30. 

That timeframe would be significantly shorter than the current average of three months between a major film's theatrical release and availability as a DVD or Blu-ray and digital download on platforms like iTunes. 

The revenue from the premium video on demand, or PVOD, product would help offset a continuing decline in DVD sales, which were down 10 percent in the first half of 2017, according to research firm The Digital Entertainment Group. 

Disney, which plans to remove its movies from Netflix and launch its own streaming service by 2019, reportedly isn't interested in the PVOD talks. 

Bloomberg first reported on the discussions in December, when it claimed 21st Century Fox, Universal Pictures, and Warner Bros. were all seeking deals with Apple to create a $25 to $50 premium movie download product.

 

MacRumors
 

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25 minutes ago, Kyoteki said:

A movie ticket is fucking $10. Who would pay $50 to see a movie?!

Idk it's expensive but there must be a market if the theaters are shook af. Maybe groups of 4-5 people would choose it over going to the theater since they'll be able to scream, eat whatever, get high and act a fool freely jay1 

 

either way my torrent client is ready! 

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43 minutes ago, Kyoteki said:

A movie ticket is fucking $10. Who would pay $50 to see a movie?!

it's more ideal for families I think, because like you said, $10 per ticket, 4-5 people would be (including popcorn and other stuff) about $60-$70, so for some people it would be more ideal to just watch at home.

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