Apple poised to offer iTunes movie rentals

 

Rumours abound of imminent launch.

Apple is planning to allow film rentals from the iTunes store, according to industry insiders.

The source claims that Apple will launch the service on 15 January, and that titles will rent for US$3.99 for 24 hours.

The company is reported to be already signing up movie studios for the deal.

"Once a couple of studios do it, how long can the others resist?" Richard Greenfield, an analyst at Pali Capital, said in an interview with Bloomberg. "It becomes only a matter of minutes before the others come on board too."

Other reports have cited 20th Century Fox as signing up to the iTunes service.

Apple chief executive Steve Jobs is expected to provide more details at the in San Francisco next week.

Copyright ©v3.co.uk


Apple poised to offer iTunes movie rentals
 
 
 
Top Stories
Australia's digital crescendo
Barely unpacked from his move from Amsterdam, Southern Cross Austereo's new digital boss Vijay Solanki is looking for Australia's untapped potential.
 
Turnbull nabs UK govt digital guru as DTO chief
Inaugural CEO to lead change agenda.
 
NBN to offer TV connections through fibre for greenfields
Ditching aerials to come at a cost.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
Is site blocking effective in stopping piracy?


   |   View results
Yes
  2%
 
No
  86%
 
Somewhat
  12%
TOTAL VOTES: 775

Vote