Paybox Foxtel announced on Monday that it has extended its movie supply contract with Paramount, Sony, 20th Century Fox and Universal and has moved a step closer to broadband movie downloads.
Deal is for the Showtime Channels (Showtime, Showtime 2 and Showtime Greats), which are owned by Premium Movie Partnership — an arrangement among the four majors and Liberty Media — and has been extended from the current end date of December 2007 to the end of 2013.
“With the extension of the PMP contract to include broadband movie downloads, Foxtel is strongly positioned to develop future services on multiple platforms,” said Foxtel topper Kim Williams. Foxtel doesn’t have a broadband video-on-demand delivery system but said it is examining “all forms of delivery.”
Contract will also change over into Aussie dollars for pricing, bringing it in line with the paybox’s deal with the Movie Network channels owned by Disney, Warner Bros., MGM and Village Roadshow. Deal will thus not be subject to the vagaries of the currency market.