Apple Wants to Sell 4K Movies for $20 in iTunes, While Film Studios Want $25 to $30
Apple is said to be "scrambling" to strike deals with movie studios in Hollywood regarding the exact prices of 4K movies in the iTunes Store, taking places just weeks ahead of the rumored debut of the new 4K Apple TV in mid-September.
While the talks have been ongoing for some time, discussions have been recently hampered by disagreements over the pricing of 4K movie purchases, according to sources close to the talks (via The Wall Street Journal). Apple wants to charge $19.99 for 4K movie purchases in its digital iTunes Store, the same price it currently charges for newly-released HD films.
However, many Hollywood studios it has talked with are pushing back on that price point and are looking to charge customers a premium for the new 4K content: $25 to $30 for a 4K movie in iTunes.
Apple wants to have major Hollywood films available in ultra-high definition on the new device, expected to go on sale later this year. However, it wants to charge $19.99 for those movies—on par with what it sometimes charges for new HD movies, the people with knowledge of the discussions said. Several Hollywood studios want to charge $5 to $10 more for 4K movies, the people said.
Apple is said to be trying to finish these discussions well before September 12, the currently rumored date that will see the unveiling of the new 4K Apple TV, iPhone 8, iPhone 7s, iPhone 7s Plus, Apple Watch Series 3, and more software-related announcements. As iTunes loses market share to companies like Amazon and Comcast, Apple is hoping that a revitalized Apple TV streaming box with 4K content -- which many rival devices have already supported -- will help boost iTunes sales into the last half of 2017 and the new year.
In other Hollywood-related talks, earlier this month it was reported that multiple studios were pushing forward with a plan to offer digital movie rentals mere weeks after they appear in theaters. Studios like Universal Pictures and Warner Bros. were said to be in talks with partners, including Apple, to offer movies in iTunes as early as 17 days after their theatrical debut for about $50, or four to six weeks from release for $30.
Popular Stories
The iPhone is Apple's top-selling product, and it gets an update every year. In 2024, we're expecting the iPhone 16 and iPhone 16 Pro lineup, with an arguably more interesting feature set than we got with the iPhone 15 and iPhone 15 Pro. Subscribe to the MacRumors YouTube channel for more videos. Capture Button All four iPhone 16 models are set to get a whole new button, which will be...
Apple is widely expected to release new iPad Air and OLED iPad Pro models in the next few weeks. According to new rumors coming out of Asia, the company will announce its new iPads on Tuesday, March 26. Chinese leaker Instant Digital on Weibo this morning 日发布%23">claimed that the date will see some sort of announcement from Apple related to new iPads, but stopped short of calling it an...
Apple suppliers will begin production of two new fourth-generation AirPods models in May, according to Bloomberg's Mark Gurman. Based on this production timeframe, he expects the headphones to be released in September or October. Gurman expects both fourth-generation AirPods models to feature a new design with better fit, improved sound quality, and an updated charging case with a USB-C...
Resale value trends suggest the iPhone SE 4 may not hold its value as well as Apple's flagship models, according to SellCell. According to the report, Apple's iPhone SE models have historically depreciated much more rapidly than the company's more premium offerings. The third-generation iPhone SE, which launched in March 2022, experienced a significant drop in resale value, losing 42.6%...
iOS 17.4.1 and iPadOS 17.4.1 should be released within the next few days, with a build number of 21E235, according to a source with a proven track record. MacRumors previously reported that Apple was internally testing iOS 17.4.1. As a minor update for the iPhone, it will likely address software bugs and/or security vulnerabilities. It is unclear if the update will include any other changes. ...
Apple's new iPad Pro models with OLED displays will likely begin shipping to customers in April, according to information shared today by Ross Young, CEO of display industry research firm Display Supply Chain Consultants. Bloomberg's Mark Gurman also said the new iPad Pro models might not ship until "deeper" into April in his Power On newsletter on Sunday:I've repeatedly said that new...
MacRumors was first to report that Apple was planning to rebrand "Apple ID" to "Apple Account" across its software platforms and websites like iCloud.com as early as this year, and now Bloomberg's Mark Gurman has corroborated this change. A mockup of the new Apple Account branding In his Power On newsletter today, Gurman said the new "Apple Account" branding will start to be used later this...
Top Rated Comments
Gotta say...with so much great content out there I'm okay with waiting until it's on TV for free and yep, I just turned into my parents.