Disney and Fox Join Forces With Other Studios for New Download Service
- Movies Anywhere provides digital storage to watch on devices
- Paramount, Lions Gate are said supportive, not participating
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Several major Hollywood movie studios have signed up to a new digital film service led by Walt Disney Co. that lets consumers buy movies and store them in a digital locker to access on their devices, people familiar with the matter said.
Disney has been courting studios to join its Movies Anywhere service since last year, Bloomberg News reported at the time. Customers can watch and keep their online film purchases at a single site through the product. 20th Century Fox, Warner Bros. and Universal Pictures are among the major studios joining the service, the people said. The plan could be announced as soon as this week, they said.