WAL-MART BATTLES APPLE OVER MOVIE DOWNLOADS
WAL-MART BATTLES APPLE OVER MOVIE DOWNLOADS
Wal-Mart, which claims that its stores account for 40 percent of all DVD's sold in the U.S., has been using its clout to dissuade Hollywood's major studios from cooperating with Apple's iTunes Music Store, which plans to sell them online. According to Business Week Wal-Mart has sent executives to Hollywood in hopes of blocking any deal between Apple and the studios. Wal-Mart has denied the report. Apple is expected to announce a movie download service within the next two weeks, at about the same time that it is expected to unveil a new, wider-screen video iPod. New movies are expected to go for $14.99; older ones, for $9.99. So far, however, Apple has reportedly only signed up one studio, Disney, where Apple chairman Steve Jobs is the company's largest shareholder.
04/09/2006
©2006 Contactmusic.com Ltd, all rights reserved
Wal-Mart, which claims that its stores account for 40 percent of all DVD's sold in the U.S., has been using its clout to dissuade Hollywood's major studios from cooperating with Apple's iTunes Music Store, which plans to sell them online. According to Business Week Wal-Mart has sent executives to Hollywood in hopes of blocking any deal between Apple and the studios. Wal-Mart has denied the report. Apple is expected to announce a movie download service within the next two weeks, at about the same time that it is expected to unveil a new, wider-screen video iPod. New movies are expected to go for $14.99; older ones, for $9.99. So far, however, Apple has reportedly only signed up one studio, Disney, where Apple chairman Steve Jobs is the company's largest shareholder.
04/09/2006
©2006 Contactmusic.com Ltd, all rights reserved
posted by Walking Contradiction at 8:52 PM
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