Why There's No iTunes For Movies
theodp writes "Slate's Farhad Manjoo would gladly pay a hefty monthly fee for immediate access to recent movies and TV shows — if someone would just take his money. In reality, he pays nothing because no company sells such a plan, and instead resorts to getting his programming from the friendly BitTorrent network.
It's under 'Movies' in the iTunes Store.
Itunes pricing is already segmented. Amazon's digital offering is region locked. As are all the other players.
I'm not sure your point holds.
My pics.
They even have their own download client. Search on Video on Demand.
They aren't making much money from the Philippines then. The most expensive movie you can see here is around $10 USD, and that's for a world wide hyped movie on opening night at the posh end of town. On average it's about $4 in a good cinema. They are competing against piracy though, a single pirated movie is about $1, $2 will get you a disc containing anywhere up to 32 movies. 12 is about average though, any more than that and the compression makes them look worse than the phone cam in the cinema kind. Now an original movie purchased from a store in shrink wrap with hologram stickers, that'll set you back 1 to 2 bucks as well. They are well and truly in competition with the pirates now. Arrrrr. Most people can't be arsed to go to the mall and buy the originals though. Pirated stuff lives closer to home, and it has the adverts stripped out.
So aside from geographic IP mapping which is trivially defeated with proxies, or charging a single price for world wide distribution, people are just going to flock to the cheapest and most convenient source. I figure if they can still turn a profit at 2 bucks for an original movie on DVD, they aren't hurting so bad after all.