According to the studio head of 20th Century Fox, a deal allowing customers to watch movies in their own home just weeks after they’ve debuted in theaters is likely to be finalized in the next 6-12 months — with prices set at “less than $50.”
Up until now, media companies like Apple have been pushing for some kind of premium on-demand deal, but negotiations have been slow due to studios dragging their feet. However, at this week’s Bank of America Merrill Lynch media conference in Los Angeles, Fox studio boss Stacey Snider says that finally talks, “have started to coalesce around a concept.”