Now it is official, Apple announced on movie rentals service for iTunes, that includes titles from major film studios, like MGM, Miramax, Lions Gate, Fox, Warner Brothers, Walt Disney, Paramount, Universal, Sony and Touchstone. The service will offer 1000 films with the price tag of 2.99$ for older versions, 3.99$ for new ones and 4.99$ for HD movies. The rental is available 30 seconds after you picked up your favorite movie and it will last up to 24h.

[via gizmodo]