Apple To Offer Online Movie Rentals?
If it worked, it would put a serious dent in Netflix’s business.
According to the Financial Times, Apple is in talks with Hollywood Studios about an online movie rental service that could affect on-demand cable and satellite TV operators.
It could also threaten Netflix Watch Now, which lets consumers watch movies on their PC in real time, the moment you want to see it. Netflix only offers about 1,000 of their 70,000+ titles for online viewing, similar to Vongo’s own online movie download service.
Plus, similar to Vongo’s ability to work on Toshiba Gigabeat portable MP3 players, there’s a good chance that Apple movie rentals would play on the iPhone and video-capable iPods.
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