iTunes Gets HD Downloads

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Steve Jobs announced today that iTunes will finally be getting HD downloads.? The downloads will feature full Dolby Digital 5.1 surround.? They will be available for $4.99 and have a 24hr watch time after the first viewing.? Here’s the full details of the announcement from arstechnica:

iTunes Store movie rentals

As expected, Apple will begin offering high-definition movie rentals via the iTunes Store. Content will be provided by the likes of Miramax, Touchstone, MGM Lionsgate, New Line Cinema, Fox, Warner Bros, Paramount, Sony, and Universal. In short, Apple has all of the major studios on board. All first-run titles will be available on the iTunes Store 30 days after the DVD release. There will be over a thousand titles available when the rental section launches “by the end of February.”

Viewers will be able to watch movies within 30 seconds of starting a download and will have 24 hours to finish watching a rental once they start a movie. Once downloaded, users will have 30 days to begin watching a movie. Pricing is $2.99 for library titles and $3.99 for new releases in standard definition. High-definition titles are $1.00 more. An update for iTunes will be made available to support the feature.

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