Sony announces future 500 top films downloads

[Unknown Soldier]

Sony is to make its top 500 films available digitally in the next year.

Michael Arrieta, senior vice president of Sony Pictures, said at a US Digital Hollywood conference that it wanted to create an "iTunes" for films.

Films will be put onto flash memory for mobiles over the next year, said Mr Arrieta, and it will develop its digital download services for films.

Movie studios are keen to stop illegal file-sharing on peer-to-peer nets and cash in on digital the download market.

Movie piracy cost the industry £3.7bn ($7bn) in 2003, according to analysts.

The movie industry body, the MPAA (Motion Picture Association of America) has started a campaign of legal action against operators of BitTorrent, eDonkey and DirectConnect peer-to-peer networks.

News Source: BBC News

 

[Guden Oden]

Movie piracy cost the industry £3.7bn ($7bn) in 2003, according to analysts.

Emphasis on "anal".

All they do is add up the average sales price of a DVD and multiply by estimated number of movie downloads. Voilá, each downloaded file an instant lost sale! What a load of bollocks...

Anyway, cool they enable people to DL movies, but I wonder at what price and what quality level. I myself will stick to DVDs, I prefer having a "hardcopy" of my stuff, and it'd be a bother having to buy more harddrives to fit the movies I downloaded - assuming the downloads were reasonably-enough priced that is to allow mass-consumption. Knowing big movie studios, that's not very likely.

 

[Druga Runda]

movie piracy cost the industry 7bn, and the industry size is 8bn

 

[sytaylor]

movie piracy cost the industry 7bn, and the industry size is 8bn

The sad part is they think they can actually double their profits...