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.”
Apple has updated its iTunes desktop and mobile storefronts to start accepting American Red Cross donations for the Hurricane Harvey relief efforts. Tim Cook asked users to join the relief effort in a post made on Twitter over the weekend.
Apple is giving users the option of donating to the cause in $5, $10, $25, $50, $100, or $200 increments.
Apple has updated its iTunes desktop and mobile storefronts to grant users the ability to donate money to the Southern Poverty Law Center, a U.S. nonprofit legal advocacy organization specializing in civil rights and public interest litigation.
Users have the option of donating in $5, $10, $25, $50, $100, or $200 increments. Apple states that 100 percent of donations will be transferred to the Southern Poverty Law Center, and that it won’t share user information with the organization.
Hollywood is pushing for iTunes to show the latest blockbuster movies just weeks after they hit the theater.
Sources say a deal between Apple and a number of major studios could be signed as early as next year without the blessing of theater chains. However, talks are currently held up over the price that Hollywood wants to charge for new rentals.
Apple CEO Tim Cook revealed to employees in an email this week that Apple will make $2 million worth of donations to organizations “who work to rid our country of hate.”
The donations come as a response to the tragic events of Charlottesville which Cook told employees have been deeply troubling for him personally. Cook, who has first hand experience with the devastating impacts of the KKK, took aim at President Donald Trump in his letter for supporting the white supremacists and says that Apple plans to play an important role in bringing about positive change.