Big movie studios including Warner Bros. and Universal Pictures are in talks with Apple and Comcast to allow studios to rent out movies online as soon as two weeks after they are released to theaters for about $30 to $50 dollars.
Movie chains have been against the move but are starting to warm up to the idea if they are able to get a 10 year revenue split.
Walt Disney co. is not interested and would like to be excluded from this narrative as it seeks to launch its own streaming service and focus on big movie events that need to be seen in theaters.
Shares of major theatre chains including AMC, Regal and Cinemark dropped on Friday following the news.
here for it, but not today with those prices, satan