Apple taking loss on new release movie sales? | iLounge News


Apple taking loss on new release movie sales?

Apple may be selling new release titles on the iTunes Store for less than wholesale price, according to a Wall Street Journal report. A person familiar with the matter says Apple is paying the studios a wholesale price of close to $16, while offering those titles on the Store for $14.99 each. Earlier this week, Apple announced that it would begin offering new release films from all of the major studios for purchase on the iTunes Store on the same day as the DVD release, and has since enabled Apple TV users to purchase videos directly from the device. “This is a game changer,” said Craig Kornblau, president of Universal Studios Home Entertainment. “For all the studios to offer all their movies [on the same date] as DVD, with the most influential marketing company in the digital space, is a very exciting development.”

« Apple updates iPod classic software to 1.1.2 [updated]

Apple releases iPod Reset Utility 1.0.4 for Windows »

Related Stories


If you have a comment, news tip, advertising inquiry, or coverage request, a question about iPods/iPhones/iPad or accessories, or if you sell or market iPod/iPhone/iPad products or services, read iLounge's Comments + Questions policies before posting, and fully identify yourself if you do. We will delete comments containing advertising, astroturfing, trolling, personal attacks, offensive language, or other objectionable content, then ban and/or publicly identify violators.

Commenting is not available in this channel entry.
Sign up for the iLounge Weekly Newsletter


Recent News

Recent Reviews

Recent Articles

Sign up for the iLounge Weekly Newsletter


iLounge is an independent resource for all things iPod, iPhone, iPad, and beyond.
iPod, iPhone, iPad, iTunes, Apple TV, Mac, and the Apple logo are trademarks of Apple Inc.
iLounge is © 2001 - 2014 iLounge, Inc. All Rights Reserved. Terms of Use | Privacy Policy