Apple could give you early movie access
Apple could give you early movie access
1:24

Apple could give you early movie access

Tech Industry
Forget going to the movies because you may soon be watching the latest box office hits from the comfort of your own couch while they're still in theater. According to a Bloomberg report, Apple is currently in negotiation with Hollywood's big hitters like 21st Century Fox, Warner Bros/ and Universal Pictures to make movies available to stream within week of their theatrical release. Studios have been hesitant to release movies in these platforms while they're still in theaters for fear of bootlegging, which could seriously hurt sales. But, if they're able to work out a deal with Apple, this could be a major win for the Cooper chain of companies And a need to boost for iTunes sales. They have a huge head start on the competition including services like on demand cable, Amazon video or HBO. Which can take anywhere from three to eight months to make new movies available to stream. The cost for early access, between $25 and $50 according to Bloomberg report That's about a five times the cost of a new release rental on iTunes now. Considering you currently only get 24 hours to stream, this is a pretty happy price tag. But don't give up your movie theater takes it quiet yet, Apple has declined to comment on the Bloomberg report and has yet to negotiate a similar deal for access to TV and movie content For Apple PV which it's been working on for months. So this could still be a long wait. And for more of the latest tech news checkout cnet.com. From San Francisco, I'm Vanessa Handriana.

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