Fox, Disney confirmed as iTunes rental partners?
updated 10:40 am EST, Mon December 31, 2007
Fox, Disney iTunes rentals
More details of the highly-anticipated iTunes rental service have been leaked, according to Variety. The movie trade magazine cites "studio sources" as saying that Fox and Disney are indeed confirmed as partners, and will make some sort of appearance during the January 14th Macworld keynote by Apple CEO Steve Jobs. The two may also be joined by other distributors, such as MGM, Lionsgate and Paramount, which like Fox and Disney already sell permanent downloads on the iTunes Store.
Pricing is still a matter of speculation, but it is suggested that videos will cost between $2 to $5 to rent for 24 hours of viewing, with prices tending towards the lower end of the spectrum in order to lure people in from rival rental services such as Netflix or Amazon's Unbox. Video represents only 19 percent of the business Apple does through the iTunes Store, and the lack of rentals may be one of the problems affecting the Apple TV, which has so far sold far fewer units than products like the iPod or the iPhone.






Fresh-Faced Recruit
Joined: Mar 2001
to bad about the price
To bad the price is so high, here in the DC area we have RedBox (.com) rentals in grocery stores at $1 per night. That is a perfect price point for cost based consumers such as my wife and I. I fear that $2+ rentals will only be attractive to the current media buyers and will not help to build the online rental industry.
For example Netflix was extremely attractive to all users in the beginning, now with the public limiting of the volume of rentals it is a little less so, but think of how slow adoption would have been if they had priced it at something like $30-$40 per month.