Watch New Movies Day Released: simultaneous home release

Imagine watching new movies the day they are released at home on your nice HDTV, this idea of a simultaneous home release is just what several movie studios want to-do.
What would the price be?
The president of Comcast has stated that a price of between $29.95 and $49.95 is what several movie studios want to charge for watching a movie the day it is released in your home, which is a lot of money but then if you invited 10 friends or family over to watch it this would work out a great deal when splitting the cost.
The idea would make watching movies so much easier and give you the option to see the latest films right away, also with so many homes now owning High Definition TVs this would make more people wanting to use them.
Paramount and Disney have denied they are in talks, but Sony Pictures, 20th Century Fox and Universal will not talk about the rumors.
The theater chains will not be happy about this news and if things go ahead, this could kill the theater/cinema business.
Many movie lovers have said they seldom go to the theater anymore because of all the hassle getting there (traffic, parking etc and the noisy people eating next to you).
Via blogs at PC World
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