Michael Arrieta, senior vice president of Sony Pictures, said at a US Digital Hollywood conference that it wanted to copy the iTunes model and apply it to movies. “We want to set business models, pricing models, distribution models like (Apple Computer CEO Steve) Jobs did for music, but for the film industry,” said Michael Arrieta in an interview with CNET News.
Sony plans to digitize their top 500 films and make them available in a variety of formats, including flash memory for mobile phones, in 2006.
“Sony’s plans–and similar moves by other studios–are likely to avoid empowering any one technology company–such as Apple in the music equation–and allow studios to pocket more of the profits,” Stefanie Olsen writes for CNET News.
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