[opendtv] RealNetworks Launching Net Movie Service
- From: Monty Solomon <monty@xxxxxxxxxx>
- To: opendtv@xxxxxxxxxxxxx
- Date: Fri, 18 Jun 2004 09:35:09 -0400
RealNetworks Launching Net Movie Service
- Jun 14, 2004 12:29 AM (AP Online)
By ALLISON LINN AP Business Writer
SEATTLE (AP) -- RealNetworks Inc. and Starz Encore Group LLC are
launching an Internet movie subscription service Monday, 18 months
after the two companies first announced plans for the offering.
Seattle-based RealNetworks and Starz of Englewood, Colo., had planned
to begin the service in the spring of 2003, after announcing it in
December 2002. But RealNetworks vice president Karim Meghji said it
was delayed because the companies didn't think the market was ready
for the offering, which lets people download movies to watch on
computers.
One big hurdle was broader adoption of high-speed broadband Internet
connections, which Meghji said allows the movie files to be
downloaded in 30 minutes or less.
...
- http://finance.lycos.com/home/news/story.asp?story=41930798
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