The iTunes Movie Store Cometh?

According to rumor-site-that’s-pretty-darn-accurate Think Secret, Steve Jobs will unveil the iTunes Movie Store during the upcoming Worldwide Developer’s Conference in August. Downloaded movies will be time crippled and become unplayable after a specified period of time.

This is in contrast to music purchased from the iTunes Music Store where buyers have unlimited playback of their songs. Supposedly, the major movie studios would only go with a rental-based model instead of owning movies outright.

So the next follow on question is, what would you watch these downloaded movies on? Is time ripe for THE video iPod to make its appearance? Much anticipation for August 7!

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