|
Industry
News
Blockbuster vs. the Studios March 19, 2001 "In the very near future, anyone with a broadband connection will have the option of paying, say, $3 to rent a movie directly through movies.com rather than driving to a video store," predicts Disney Chairman Michael Eisner. Peter Murphy, who heads Disney's strategic-planning operation, puts it even more directly: "We intend to be Blockbuster."
August 23, 2001 Last Thursday, five major movie studios announced their MovieFly initiative aimed at providing a service of hundreds of recent movies that can be rented and downloaded via consumers' broadband connections to the Internet. The first phase will target personal computers, but eventually set-top boxes with disk drives will become available for the MovieFly service.
August 23, 2001 As the major Hollywood studios embark on the most ambitious Internet film distribution project to date, experts warn that delivering huge multimedia files to potentially millions of consumers will be a daunting and costly task. The Moviefly venture formed this month by MGM, Sony, Paramount, Universal and Warner Bros. to distribute movies on demand over the Web differs from prior, failed attempts. This time, the studios are sharing the multimillion-dollar cost of building the infrastructure over which they will rent and sell movies to consumers, rather than going it solo or relying on outsiders. |
MovieFly
To Revolutionize Home Theater
Is
Hollywood Net-Ready?