NEWS /
|
The Walt Disney Co on Tuesday unveiled a technology called KeyChest to enable consumers to buy films or television shows from various distributors, store them on remote servers, and play them on multiple platforms ranging from TVs to computers and phones. Disney said it plans to roll-out KeyChest for both the U.S. and the international market, and that it will soon announce partners who will participate in the program. "Discussions are going to step up dramatically at the Consumer Electronics Show," said a Disney spokesman, referring to the upcoming technology conference in Las Vegas. Disney said negotiations with content distributors, cable companies and telecommunications services have been ongoing for several months. Disney hopes the technology will be deployed before the end of 2010. The company also said a third-party company will operate KeyChest, and that it expects other studios to make their content available through the authenticating technology Disney has developed. Company officials said the goal of KeyChest is to make it easy for for viewers to see a movie accessed from various outlets and to address the issue of compatibility in maneuvering content from device to device as well as limited storage space on consumers' hard drives. She also said this was not intended as a Disney only venture. "The idea is to have all the movies consumers want to buy available in this way," said Kelly Summers, vice president of digital distribution at Disney, on Tuesday in a briefing about KeyChest. "If it's Disney only, there really isn't much value here," she said. Disney officials said they hope to use KeyChest to build momentum for the long-stalled digital distribution of films. It comes at a critical juncture for the industry which saw the sale of films on DVDs and Blu-rays drop by an estimated 13 percent in 2009. Online sales of movies, the hoped-for bright spot for the industry, grew from $150 million to $250 million in 2009, but not an enough to offset the decline in physical sales. With KeyChest, a consumer can buy a movie from a participating store. That customer's account with other participating services, such as telecom services or cable companies, would be updated to show the film is available for viewing. Summers stressed that KeyChest will not be a service that consumers access directly. Rather, Disney envisions KeyChest as a program that retailers can tap into to verify that consumers have already purchased the right to access a movie, and then make that movie available to the consumer across different devices. |
Tags: Disney
Mixx
Facebook
Twitter
Digg
delicious
reddit
MySpace
StumbleUpon
LinkedIn
Angry Birds beaten out of its top spot by Disney
It's quite impressive that Angry Birds has managed to hold its spot in the iOS App Store. Most days it's number one
E3 2011: NVIDIA Announces E3 Expo Will be shown in 3D on YouTube
YouTube Introduces Movies On Demand Service, Finally!
Disney to Release Android Smartphone
Rumour: Epic Mickey PS3?
Disney To Buy Social-Gaming Site Playdom
Disney Buys iPhone Game Maker Tapulous
Leaked Images, Availability, Pricing,
Specs, Pre-order
Karbonn officially launches the A9 Android smartphone
14 May, 2012, 06:14 PM IST
Supreme Court website hacked in response to TPB, Vimeo block
17 May, 2012, 04:46 PM IST
Sony Xperia P up for pre-order on Infibeam, launching on 25 May
19 May, 2012, 04:32 PM IST
Samsung Galaxy S III pops up on eBay India for Rs. 44,770
22 May, 2012, 11:19 AM IST
16 May, 2012, 11:57 AM IST
The latest "should they-shouldn't they" event with Facebook is the lift of the minimu...
Creative Sound Blaster Recon3D Fatal1ty Champion Review
26 May, 2012, 04:13 PM IST
6.0
Back in the day when audio solutions weren’t integrated into motherboards, people had to go out and buy their own sound cards. They were large
Asus Eee Pad Transformer Prime TF201 Review
Portable Wi-Fi Drives for your smartphone
Fed up of the limited storage on your mobile device? Here are some devices
Top 5 potential Gmail alternatives
Google’s Gmail service is arguably the most advanced and feature-packed...
Five ways to beat the petrol hike
Petrol prices went up by a considerable amount post Wednesday, and this...
By Karan Shah
SpaceX's Dragon capsule locks up to the ISS
26 May, 2012, 04:18 PM IST
In a moment that is nothing short of being historic, SpaceX’s Dragon capsule has, according to NASA reports ...
Microsoft VP talks about Ballmer's new tech - an 80-inch touchscreen
Cisco won't invest in their Android tablet for businesses
Yahoo! shuts down Livestand 6 months after launch
Giant radio telescope gets split location
776 views
_011517074205_160x90.jpg "Epson Stylus Photo R3000")
Sony to roll-out ICS update next week,...
BlackBerry Curve 9320 announced in India...
Microsoft VP talks about Ballmer's...
Cisco won't invest in their Android...
About Us | Site Profile | Tech2 Team | IBNLive News | IBNLive Hindi News | Cricket News | Indian Stock Market | Policy | T & C
Copyright © 2011, Tech2.com India - A Network 18 India Venture
