graphic
News
Hollywood eyes Net
November 30, 2000: 6:18 a.m. ET

Disney, Sony, other studios plan movie-on-demand high-speed services
graphic
graphic graphic
graphic
NEW YORK (CNNfn) - Several of Hollywood's major movie studios are working on projects to let them deliver on-demand feature films to viewers over high-speed Internet connections, the Wall Street Journal reported Thursday.

Both Walt Disney Co.  (DIS: Research, Estimates) and Sony Corp.'s   (SNE: Research, Estimates) Sony Pictures Digital Entertainment unit are separately working on video-on-demand services for the Internet, the newspaper said, though no joint initiatives are planned at this time.

  graphic THE RACE IS ON  
    Intertainer Inc. of Culver City, Calif., is already offering films, music videos and other content via high-speed connections.
   
Sony is, however, in advanced talks with several studios, including Time Warner's (TWX: Research, Estimates) Warner Bros. unit, people familiar with the matter told the Journal. Time Warner is the parent company of CNN and CNNfn.

Disney has an agreement with News Corp.'s  (NWS.A: Research, Estimates) 20th Century Fox unit to become a partner in its platform and is in talks with Viacom Inc.'s  (VIA.B: Research, Estimates) Paramount Pictures, the paper reported.

There are other companies also looking to supply entertainment to consumers via high-speed Internet pipes. Enron Corp.  (ENE: Research, Estimates) and Viacom's Blockbuster Inc. unit are planning to offer films via high-speed Internet connections, for example.

Intertainer Inc. of Culver City, Calif., is already offering films, music videos and other content via cable or digital subscriber line connections. The company is working with telephone companies and cable operators to deliver its service.

Sony has already developed technology that lets customers download a feature-length film in less than an hour through a high-speed telephone or cable-modem Internet connection, the Journal reported, citing people familiar with the matter.

"People want to see movies on the Internet," Yair Landau, president of Sony Pictures Digital Entertainment, told the newspaper, "and we, along with other studios, plan to give them a chance to do that." He declined to comment on details of the Sony unit's plans, the report said.  graphic

  RELATED STORIES

FCC reports on high-speed Internet access - Nov. 1, 2000

Venture firms make big bets on broadband - Oct. 23, 2000

  RELATED SITES

Disney

Sony

Intertainer


Note: Pages will open in a new browser window
External sites are not endorsed by CNNmoney




graphic

© 2008 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2008 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.