updated 08:50 am EDT, Thu August 24, 2006
ABC on iTMS, movies soon?
The transition to feature length films is in full swing according RedHerring.com. The most recent important move to signify this change is the recent announcement by ABC-Disney Television Group in which it announced that it will place content on iTunes from ABC news which will feature celebrity profiles, news events through history, and moments such as "OJ Simpson Car Chase" and "The Fall of the Berlin Wall". The new ABC content will sell for $1.99 as usual from the iTunes Music store, but according to RedHerring.com, "The move is yet another appetizer before Apple unveils the main course: full-length movies." Recently, Lions Gate's president Steve Beeks revealed a feature-length film deal with Apple was in the works: "In terms of iTunes movie downloads, I think most likely some time before the end of the year."
This most recent statement has all but confirmed the iTunes Movie Store to some industry watchers, including Pacific Crest Securities analyst Steve Lidberg: "With the exception of Sony, all the major film studios and networks provide content to iTunes," and that Apple has been securing feature-length deals over the last year.