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Looks like Fox and Apple have hammered out a deal where you will be able to rent Fox movies through iTunes. Netflix stock down 4.5% and Blockbuster stock down 4.8% today.

Quote:

Apple Inc (AAPL.O) and Twentieth Century Fox are set to announce a deal that will allow consumers to rent Fox movies through Apple's digital iTunes Store, according to media reports on Thursday.

The agreement will allow rentals of Fox's latest DVD releases by downloading a copy from the online iTunes store for a limited time, the Financial Times said. The Wall Street Journal also reported the deal in its online edition.

http://news.yahoo.com/s/nm/20071227/tc_nm/apple_fox_dc