Again why pay for somthing you also can get for free..
In the biggest effort to date by Hollywood to beam movies to viewers via the Internet, five major movie studios on Thursday announced plans for a joint on-demand movie service, offering a broad selection of films available for digital delivery to broadband Internet users in the United States. The studios involved in the service are Metro-Goldwyn-Mayer, Viacom's Paramount Pictures, Sony Pictures Entertainment, Vivendi Universal's Universal Studios, and Warner Bros., a unit of AOL Time Warner. |
In all cases, movies will be supplied to the service on a nonexclusive basis. Each studio will independently determine its own release schedule and pricing.
Among Hollywood's major movie studios, only Walt Disney, News Corp.'s 20th Century Fox and privately held DreamWorks were absent from the alliance.
All major studios have been working aggressively behind the scenes for months in an effort to get an Internet service developed for viewers before facing a threat such as the recording industry's high-profile challenge to free song-swapping service Napster, which was once wildly popular.
Security experts estimate that up to 400,000 bootlegged films are already swapped daily on the Internet. The longer the studios wait to launch their own ventures, the harder it will be for them to control the final distribution channel of their movies.
Read the full story Here
Source: CNet
