Probably the most anticipated announcement that Apple CEO Steve Jobs made at the annual Macworld expo this morning was that of the MacBook Air: a 13.3″, LED backlit notebook computer that pushes the concept of “thin” to its boundaries. But the one that Jobs spent the most time on, and seemed the most excited about, was the announcement of the iTunes Movie Rentals store in conjunction with the revamp of his maybe-no-longer-a-hobby-project Apple TV.
iTunes movie rentals and Apple TV 2
We all knew iTunes Movie Rentals were coming, all that was left for Jobs to announce were the details.

The iTunes Movie Rental store launches today in the US (later this year for the rest of the world), with rentals costing $3.99 for new releases, and $2.99 for library titles. Renters have 30 days to begin watching a movie, and then 24 hours to finish watching it once they do. Every major studio is on board, and Apple’s rental store launches with over 100 titles (1000 promised by the end of February), with new releases appearing 30 days following DVD release (which perhaps indicates some hesitation on the part of studios to embrace a new format — no surprise there).
At first glance, Netflix would appear to have a leg up on Apple. Unlimited streaming for a little as $8.99 per month is probably a better deal for most consumers than $4 per movie strapped to a 24 hour viewing window. But where Apple’s system shines is in its convergence with other devices. Whereas Netflix can only stream to Windows PCs, Apple can stream or download rented movies to both the Mac and PC, as well as to any current generation iPod, the iPhone, and the Apple TV. Continue reading »
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