April 3, 2006
Downloadable Movies ...Topics: Technology
... are a good move by Hollywood elites
Major Hollywood studios began selling Internet downloads of their movies, including hits such as ``King Kong,'' the first time they have allowed U.S. consumers to buy films online and keep them on computers.As you might expect, the movies are large and will take an hour to download over a cable modem. However, convenience and consumption seem to go hand in hand and for this reason I expect Cinemanow and Movielink will do quite well, at leasts in a niche market catering to computer geeks (and bloggers).
The studios are turning to the Internet to cut distribution costs and counter slowing growth of DVD sales. Both CinemaNow and Movielink will offer films the same day they are released for sale on DVD, the companies said today in separate statements. Universal Pictures and Warner Bros. previously announced plans to sell movie downloads in Europe.
Posted by tim at April 3, 2006 6:25 PM
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