Fox Plans New Digital Model: Movies Available Closer to Theater Release

  • Fox Filmed Entertainment is planning a new digital window for its films by offering HD versions at newly lowered prices about three weeks prior to disc and VOD availability.
  • The new model will begin this month with director Ridley Scott’s sci-fi thriller “Prometheus,” which will be made available via digital purchase on September 18. The film is slated for DVD, Blu-ray and VOD release on October 11.
  • Fox will join the UltraViolet digital locker system used by Warner Brothers, Universal Pictures and others.
  • “The new system is an aggressive bid to revive consumers’ interest in the purchase of movies, by giving them an earlier shot at films for about $15 each, down from a purchase price that is currently about $20,” reports The New York Times.
  • “That will nibble into what has been a waiting period of roughly four months in which pictures play exclusively in theaters before their release in home entertainment formats,” notes the article.
  • Home video sales have dropped from a $21.8 billion high in 2004 to $18.4 billion in 2011.
  • “According to figures from the Digital Entertainment Group, an industry consortium, digital sales of films and television shows — as opposed to revenue from rentals or on-demand viewings — rose almost 22 percent in the first six months of this year, to $329.4 million, from $270.3 million in the first half of 2011,” according to the article.

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