Apple Making Hollywood Nervous

Now that Apple dominates the music world, film studios are afraid the computer company has its eye on the film industry as well. Nonetheless, several Hollywood studios are currently in negotiations with Apple CEO Steve Jobs. Other studios, wary of dealing with a member of Disney‘s board, are talking with Apple VP Eddie Cue instead.

The studios are resisting Job’s idea that feature films be priced at $9.99. Typically, library titles are sold to big-box chain stores for much lower prices than new releases. Right now, the studios think Apple should sell similar content at multiple price points, which has not been done previously.

According to Variety, film studios are also negotiating with other distributors such as Amazon, Movielink and BitTorrent, to head off any chance of a monopoly. Most major studios will probably have movies available through the iTunes Music Store by year’s end.

Via Mac Network News

Now that Apple dominates the music world, film studios are afraid the computer company has its eye on the film industry as well. Nonetheless, several Hollywood studios are currently in negotiations with Apple CEO Steve Jobs. Other studios, wary of dealing with a member of Disney‘s board, are talking with Apple VP Eddie Cue instead.

The studios are resisting Job’s idea that feature films be priced at $9.99. Typically, library titles are sold to big-box chain stores for much lower prices than new releases. Right now, the studios think Apple should sell similar content at multiple price points, which has not been done previously.

According to Variety, film studios are also negotiating with other distributors such as Amazon, Movielink and BitTorrent, to head off any chance of a monopoly. Most major studios will probably have movies available through the iTunes Music Store by year’s end.

Via Mac Network News