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January 18, 2005
Morgan Freeman Wants to Put First Run Movies On Your TV
According to an article in WSJ by Sarah McBride, Morgan Freeman, his movie company Revelations Entertainment, and Intel Corp. want to sell first-run movies over secure internet connections directly to your home theatre system, bypassing theatres entirely. Freeman believes this is a way to halt piracy (apparently its more difficult to jack a secure connection than it is to copy a DVD), and put more moolah in the pockets of the studios (whilst screwing the theatre owners).
Apparently, somethine similar was recently tried: late last year a movie, "Noel," starring Penelope Cruz and Susan Sarandon was released on disposable DVD and in theatres, but the theatre owners hated the idea of competing with the DVDs and the movie screened in a few theatres for a short amount of time.
Whose gonna make the buttered popcorn and sell Junior Mints when mi chavo and I screen first run movies in our living room?
Posted by cj at January 18, 2005 11:13 AM