News Archive for 07/02/21
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IFC Entertainment on Wednesday announced that its independent theatrical catalog will now be available on the iTunes Store, including IFC's 2007 Independent Spirit Award nominees, the premier award for the independent film community; for the 2007 Spirit Award competition, IFC Entertainment said it had received the most Spirit Awards nominations of any one film company. IFC already offers podcasts on each of the movies with behind-the-scenes looks and discussions. Available immediately via iTunes, IFC offers 13 films, six of which are nominated for the upcoming Independent Spirit Awards which will be held on Saturday, February 24th. IFC films on iTunes will be priced at just $9.99.
Apple's wireless media streaming device known as the Apple TV, which is scheduled to ship this month, has at least one analyst optimistic that it will seize a formidable portion of CD and DVD sales within a few years. Deutsche Bank analyst Chris Whitmore says it's "conceivable" that the Apple TV could achieve 20-30 percent of a $26 billion market in just a few years, potentially driving $5-7 billion in incremental revenue alongside $0.50 or more in earnings-per-share for the Cupertino-based company. Apple will first profit from its near 40 million iTunes customers, according to Whitmore, with Apple TV eventually eating into the business of CD and DVD makers. The Red Herring notes that Apple signed a deal with Paramount for its iTunes Store in early January, and that Lionsgate jumped on board to offer content last week.