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
Wednesday November 30, 2022 10:09 am PST by
Juli CloverApple today released iOS 16.1.2, another minor bug fix update that comes one week after the release of iOS 16.1.1 and three weeks after the launch of iOS 16.1, an update that added support for iCloud Shared Photo Library, Matter, Live Activities, and more.
The iOS 16.1.2 update can be downloaded on eligible iPhones over-the-air by going to Settings > General > Software Update.
According...
With the launch of iOS 16.1, Apple rolled out a Emergency SOS via Satellite, which is designed to allow iPhone 14 owners to contact emergency services using satellite connectivity when no cellular or WiFi connection is available. The feature was put to the test in Alaska today, when a man became stranded in a rural area. In the early hours of the morning on December 1, Alaska State Troopers ...
Apple plans to publicly release iOS 16.2 for the iPhone in mid-December, according to Bloomberg's Mark Gurman. The update remains in beta testing for now, with at least eight new features and changes already uncovered so far.
iOS 16.2 introduces a number of new features, including Apple's new whiteboard app Freeform, two new Lock Screen widgets for Sleep and Medications, the ability to hide...
An unnamed 27-year-old man who purchased 300 iPhones from Apple Fifth Avenue on Monday morning was robbed shortly after leaving the store, according to 1010Wins Radio in New York.
He was carrying 300 iPhone 13s in three bags and walking to his car at 1:45 a.m. when another car pulled up next to him. Two men jumped out and demanded that he hand over the bags. Not wanting to hand over 300...
Wednesday November 30, 2022 2:39 am PST by
Sami FathiGeekbench scores allegedly for the upcoming "M2 Max" chip have surfaced online, offering a closer look at the performance levels and specific details of the forthcoming Apple silicon processor.
The Geekbench results, first spotted on Twitter, are for a Mac configuration of with the M2 Max chip, a 12-core CPU, and 96GB of memory. The Mac listed has an identifier "Mac14,6," which could be...
Do-it-yourself repair website iFixit today shared a video teardown of Apple's new 10th-generation iPad, providing a closer look inside the tablet and revealing why the device lacks support for the second-generation Apple Pencil.
The teardown reveals the internal layout of the iPad, including its two-cell 7,606 mAh battery, logic board with the A14 Bionic chip, and more.
As suspected, the...
Wednesday November 30, 2022 12:43 pm PST by
Juli CloverTwitter CEO Elon Musk today met with Apple CEO Tim Cook at the Apple Park campus in Cupertino, California, according to a tweet shared by Musk this afternoon.
Musk thanked Cook for taking him around Apple's headquarters, with no mention of what the two might have discussed. The meeting comes just after Musk on Monday claimed that Apple has "mostly stopped" offering ads on Twitter, and that...
Anker's popular Eufy-branded security cameras appear to be sending some data to the cloud, even when cloud storage is disabled and local only storage settings are turned on. The information comes from security consultant Paul Moore, who last week published a video outlining the issue.
According to Moore, he purchased a Eufy Doorbell Dual, which was meant to be a device that stored video...
Apple today announced its 2022 App Store Award winners, highlighting the 16 best apps and games selected by Apple's global App Store editorial team.
The top apps were chosen by Apple for their quality, innovative technology, creative design, positive cultural impact, and ability to deliver "exceptional experiences." Apple CEO Tim Cook said:
This year's App Store Award winners reimagined...
The calendar has turned to December and that means Apple has only one month left to fulfill its promises of releasing an Apple Music Classical app and expanding its self-service repair program to Europe before the end of 2022. Delays are always possible, of course, so the plans could be pushed back to 2023. In any case, we have put together a list of five things that Apple still has to release...
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.