Monday, March 13, 2006

Amazon.com going for digital movie download soon

Fancy downloading latest movies from Amazon.com for a small amount of fee...This service is coming soon to the web users once the negotiations with the major movie studios namely Paramount Pictures, Universal Studios & Warner Bros completed.
Amazon.com is in talks with three Hollywood studios about starting a service that would allow consumers to download movies and TV shows for a fee and burn them onto DVDs.
By then Amazon will be competing with Apple's iTunes in the world of digital downloads.
A digital deal with the studios would allow Amazon to substantially lower its inventory, shipping and labor costs and avoid returns of movies.
Competitions:
Wal-Mart and Target are also reportedly in talks with the studios about digital download services, and video-on-demand movie rental services like MovieBeam and Movielink are enjoying heavy studio investments.
Read more here (from www.ecommercetimes.com)



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