“News Corp and its studio Twentieth Century Fox are close to a deal with Apple to begin offering new releases and catalog movie titles through iTunes beginning in early 2008, reports Pali analyst Richard Greenfield, in a blog post,” Rafat Ali reports for paidContent.org.

“He said the two sides are waiting till early 2008 prevents any impact to the all-important holiday DVD selling season. Disney is the only major studio with full catalog within iTunes for now, while Paramount, Lionsgate and MGM have partial catalog deals,” Ali reports.

“Apple appears willing to modestly increase the wholesale price paid above the $14.00-$14.50 that Disney has been receiving. Others may follow suit if Fox comes into the fold,” Ali reports. “One thing that remains unclear: whether the studios will allow iTunes to rent movies or create a subscription service?”

Full article here.