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Fox's Chernin Thinks $30 Not Too High For High-Def Film Screenings

Is $25 or $30 too high a price to pay to watch high-definition movies at home via cable or satellite 60 days following their theatrical release? Fox President and CEO Peter Chernin thinks probably not, and he's moving forward with plans to offer Fox-produced features at a premium for those willing to handle the tariff. Although no final decision has been made, he told attendees at a Bear Stearns media conference in Palm Beach, Fla., that there's merit to the idea, which is still being developed. The Hollywood Reporter says, "Sources [say] the HD window would target consumption by families and groups. For example, consumers could get some friends together, have food and drinks and enjoy a home premiere, one source suggested. With movie tickets in New York costing well above $10, the pricing actually could be attractive to high-end users, another industry observer suggested."

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