Itune Movies
Apple is expected to announce today the opening of the iTunes Movie Store. I first mentioned this here, so its not too much of a surprise.
The surprise is that Apple thinks they can make a bundle of money by charging $14.99 for each movie downloaded to an Ipod. It’s one thing to watch a short TV show that you paid $2 for on a small screen, but the mass community does not want to watch a full feature on something so small. Look at the horrible sales of the PSP movies.
Supposedly, Disney and Lionsgate Films are the first two companies that signed a movie deal with Apple and others are going to be announced at a press conference today at 10 a.m. PT.
Rumors are also swirling that Steve Jobs will display a new wide-screen video Ipod, but even with it, people aren’t going to want to pay $14.99 for a movie they can’t also watch on their TVs.