Apple is adding popular movies to the iTunes stores in UK & Canada; Major studios have signed

If you are an iTunes user living in the UK or Canada, you’ll be happy to know that Apple will be adding several popular movie titles to the UK and Canada iTunes store. Just like in the US you’ll have the option to purchase or rent the popular movie titles.

The Times reported that the two major players Twentieth Century Fox and Warner Brothers; studio that made The Matrix trilogy along with the Harry Potter series has signed. Disney, the studio behind Pirates of the Caribbean has also signed. Other studios that have accepted the agreement are Paramount; they are the studio behind Indiana Jones. Warner Brothers, Lions Gates, and MGM have also signed. Even though the availability of having films online has appeared to increase interests in the films that are available Sony Pictures and Universal Studios have refused to sign the new agreement. Since making an agreement with Apple iTunes, Disney CEO Bob Igor stated his company has sold over four million videos since 2006.

At this time pricing hasn’t been set for movie purchase or rental; however, studio sources have said that they “would not want to undercut DVD prices.” Pricing is being predicted between £6 to £25 per film when the service begins. At the moment, the release date of the popular films hasn’t been finalized. The release schedule is set by the movie studios.