Comcast to Sell Digital Movies14 Nov, 2013 By: Erik Gruenwedel
As expected, Comcast will soon allow subscribers the option of buying digital movies. The No.1 cabler would become the first to sell — not just rent — digital movies via its set-top box and Xfinity TV broadband service. Verizon FiOS curently sells movies to subscribers as well.
The new service is expected to launch by the end of the year featuring Universal Studios movies such as Fast & Furious 6 and Despicable Me 2,” according to Reuters, which cited sources familiar with the situation.
Comcast owns Universal, in addition to Universal Studios Home Entertainment. It also operates Xfinity Streampix, a subscription video-on-demand service.
Lionsgate CEO Jon Feltheimer Nov. 8 told analysts during a fiscal call that a major multichannel video program distributor would soon offer electronic sellthrough movies, which likely includes Lionsgate content.
“When that happens, it’s really going to open up amazing opportunities for the future of electronic sellthrough,” Feltheimer said.
A Comcast representative was not immediately available for comment.