MovieBeam offers 1st high-definition movie rentals
NEW YORK/LOS ANGELES, Feb 14 (Reuters) - A video-on-demand company spun out of Walt Disney Co. on Tuesday introduced the first delivery service for high-definition films to U.S. homes, offering some movies on the same day as their DVD releases.
Burbank, California-based MovieBeam said it plans to offer first-run films from six of the seven film studios in standard digital-video format and high-definition (HD) films from Disney and Warner Bros. studios.
About 10 percent of the films offered will be available in the high definition format, MovieBeam spokeswoman Michelle Cox said.
Titles from Disney, Miramax and Touchstone will be available on the same day of DVD release, Cox said.