11/10/2006
Media Platforms Bliss
Twentieth Century Fox may be close to a deal with Apple to provide its feature films on the computer company's iTunes Music Store website, CNN reported Wednesday. The cable news network said that News Corp President and COO Peter Chernin told analysts during a conference call that the studio had been having "positive talks" with Apple but that "several details still needed to be worked out" before an announcement could be made. Hollywood studios including Fox have hesitated to make their films available at a price below that of DVDs, something that Apple has insisted on. So far, only Disney has made films available on the iTunes site. (Apple chief Steve Jobs is Disney's largest individual shareholder.) Since September 12, the date Disney films went on sale for the first time, Apple has reportedly sold 125,000 copies. Sales are expected to climb beginning this week with the release of the Disney hit, Cars.
-From IMDB Pro Studio Briefing
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