Exclusive: Movie Downloads on iTunes By Mid-September

Arik Hesseldahl

Coming soon to a Mac or PC near you: Movies on iTunes. My BusinessWeek colleague Ron Grover has exclusive details about how how Wal-Mart, as the largest seller of DVDs -- it sells about 40% of DVDs produced -- is unhappy at the prospect of Hollywood studios doing business with Apple and iTunes. But here's the best part, and a detail you won't see anywhere else: The announcement is expected by mid-September, with prices of $14.99 for new releases and $9.99 for older movies.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.