Studios split on iTunes movie store

Cory Bergman September 6th, 2006

Touchstone, Miramax and Lionsgate are on board, but Warner Bros. and Universal have not signed on to sell movie downloads on iTunes. The new service is expected to debut next week as Apple has scheduled a press event under the title “It’s Showtime” for the 12th. The studio split is centered on pricing, of course, and early reports say the movies will be priced at $14.99 a download. Also, as previously reported, Amazon is expected to debut its movie store at any moment, with three movie studios on board.