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Movie Studio Finally Sees the Light On Rentals

June 18th, 2010 06:04 admin Leave a comment Go to comments

Griller_GT writes “After months of conducting studies about the effects of delays on sales of DVDs, ‘Paramount Pictures has agreed to provide its movies to Redbox on the same day they go on sale.’ A Paramount exec said, ‘Those people who want to rent are going to figure out ways to rent, and us restricting them from renting isn’t going to turn it into a purchase.’ Gee, who would have thought of that?”
Reader DisKurzion sends in news of another movie business experiment underway by an Australian company called Distracted Media. They are raising funds for a movie called The Tunnel by letting people invest in individual frames for $1 apiece. When the movie is complete, it will be released for free on torrent sites.

Source: Movie Studio Finally Sees the Light On Rentals

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