GristyMcFisty used our news submit to tell us about the latest news concerning Amazon entering the online video downloads market. Amazon is currently in negotiations with several major studios and has also acquired CustomFlix. What is nice about CustomFlix is that it allows films to be downloaded for burning onto a DVD. The company has since entered into the high definition download arena but so far only with the HD-DVD camp. Studios leaked to the press include negotiations with Paramount, Universal and Warner Brothers.Can the Blu-ray backers be far behind?
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Other services that have been recently announced include Starz Vongo, launched in January, iTunes itself, and at CES no less than five competing film services were launched by Google; Sony, through its Connect service; Clear Channel; 4Flix.Net; and Blinkx. Since then Arvato and LoveFilm and NTL have all launched services in Europe, and DirecTV has just announced it will have a service by year end. This week, further rumours of a BlockBuster online service emerged with the CEO dropping heavy hints that the company as almost ready to go, when he spoke on a conference call. The Blockbuster service would be a download to rent service as are many of the others. Microsoft has also just made Movielink films available on its new Origami PC. But once Amazon joins this market, there is likely to be an immediate rush for cover and some sector consolidation, and it is likely that many of these new services won't last 12 months up against a serious minded Amazon. |
You may read the rest of the article in it's entirety by following this link to The Register. Thanks for the news Gristy!
Source: The Register
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