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Movie studios reportedly in talks with Apple over rental agreement for new movies

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Movie studios reportedly in talks with Apple over rental agreement for new movies

Apple is alleged to be in talks with main film studios a couple of plan that will see studios be offering main movie releases for hire only some weeks when they hit theaters. Along with Apple, Comcast is reported to be part of those discussions.

From Bloomberg:

One of the vital greatest proponents, together with Warner Bros. and Common Photos, are urgent on in talks with Apple Inc. and Comcast Corp. on techniques to push forward with the mission even with out theater chains, the folks stated. After months of negotiations, the 2 aspects were not able to reach at a mutually recommended strategy to create a $30 to $50 top class movie-download product.

The offers may just it sounds as if be struck through early 2018, regardless that studios are (naturally) going through numerous pushback from theater homeowners, who most likely stand to lose large if this mission draws shoppers. Theater chains supposedly requested for a 10-year deal on benefit sharing that studios had been providing, however the studios have reportedly rejected that provide.

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