Time Warner has some big plans for 2007.
In a story from The Hollywood Reporter, it seems the company is gearing up to offer consumers the ability to download movies from the internet, and then let said movies be burned to a DVD.
The company said that it will likely make these movies available from such download services as Wal-Mart Stores, Inc. This would happen the same day as Time Warner's DVDs become available.
According to Richard Parsons, talking at the Reuters Media Summit in New York, Time Warner's Chief Executive and Chairman stated, "I expect we will be in a download-to-burn mode in 2007 -- It will be a part of next year's offerings."
In a related story, The Hollywood Reporter Blockbuster and Wal-Mart plan to start selling downloads over the internet as well.
Wal-Mart recently broke new ground with this by offering Superman Returns as "an optional video download for an additional fee: $1.97 for a download playable on portable devices, $2.97 for a download that plays on PCs or laptops and $3.97 for a download playable on both portable devices and computers."
Blockbuster's Chairman and CEO John Antioco, "also speaking at the Reuters Media Summit," said that Blockbuster would most likely introduce their service in 2007, "possibly in partnership with a cable or satellite provider."