Apple iTunes
Paramount has agreed to sell 100 of its library titles through iTunes

Apple iTunes signs up new film studio

Paramount joins Disney, but restricts output to library films

Written by Matt Chapman

Advertisement

Apple has signed up a second film studio to sell content through its iTunes download store. 

Paramount has agreed to sell 100 of its library titles as downloads, although new films will not be included in the deal. 

Disney was the first studio to sell videos through the iTunes store, racking up $1m (£531,000) in sales in the first week with 125,000 downloads.

Apple chief executive Steve Jobs claimed in his Macworld keynote address that more than 1.3 million movie downloads have been sold through iTunes since September 2006.

Sales of television downloads have attracted more backers, and Disney's output has been followed by programmes from Showtime, NBC Universal and MTV

Film studios are unhappy at the $12.99 (£6.70) price tag for new films from iTunes, because studios make smaller profits at that price. They also risk creating a rift with traditional DVD vendors which sell the films at a higher cost.

Paramount head Brad Grey confirmed that it was the company's efforts to treat bricks-and-mortar retailers in an equitable way that had restricted it to selling library films on iTunes.

Paramount has agreed to sell its older movies on iTunes for $9.99 and expects the initial choice of 100 movies to double by the end of the year.

Tags:

Related whitepapers

Related jobs

Do you agree?

Most commented stories

IT white papers

Search vnunet IThound

Top categories

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Watch

05 Sep 2008

8.64 MBPodcast Special: Views from the Valley More...

Podcast image

04 Sep 2008

12.7 MBComputing podcast 4 September 2008 More...

Podcast logo

02 Sep 2008

8.39 MBEco-Entrepreneur Podcast: Bulldog More...

Poll

INTERNET EXPLORER 8

INTERNET EXPLORER 8

Are you intending to download Internet Explorer 8 when it becomes available?

Previous poll results

Spotlight

LogMeIn Rescue+Mobile

BlackBerry gets LogMeIn remote support

Rescue+Mobile lets a support technician take control of the handset   More...

Dell manufacturing plant

Dell planning factory closures to cut costs

Report claims that PC maker is looking to sell off...  More...

Google Chrome

More growing pains for Chrome

Google wrestles with licensing and security problems   More...

Smartphone

US takes 3G crown from Europe

Americans finally catch up with Europeans in adoption of 3G   More...

Primary Navigation