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News Corp Hugs Apple: 20th Cent. Fox Films To iTunes

First Posted: 03/28/08 03:45 AM ET Updated: 05/25/11 01:20 PM ET

Itunes Movies

Silicon Valley Insider:

News Corp.'s (NWS) 20th Century Fox studio is talking with Apple (AAPL) about selling its movies through iTunes, reports Pali Capital's Rich Greenfield (reg. required), who predicts a deal will be done early next year (perhaps in time for Macworld in January?).

So far only Disney has allowed Apple to sell its new movies at the same time its DVDs are released, while MGM, Viacom's Paramount and Lionsgate (LGF) have partial deals. Hollywood has been wary of selling through Apple for several reasons: It's worried about giving Steve Jobs too much control over their product; it's worried about pissing off Wal-Mart and other physical retailers, who don't want to see digital copies sold for less than the discs they sell; and it's been haggling over price.

Read the whole story: Silicon Valley Insider

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Filed by Michelle Kung  |