Well folks, looks like the time everyone and their grandmother foresaw is right around the corner. iTunes is looking to add movies to its growing list of downloadable music and TV shows.

For weeks, Apple Computer has been talking with executives at all the major studios — including the Walt Disney Company, 20th Century Fox, Warner Brothers and Universal Studios — about adding movies to its popular iTunes music store, several people involved in the negotiations said.

Mr. Jobs, who is Apple’s chief executive, has been participating in the negotiations and telling studio executives in Los Angeles that he wants to have a deal in place by the fall, people involved in the negotiations said.

Disney, which was the first studio to put some TV shows (like “Lost” and “Desperate Housewives”) on iTunes, is also expected to be the first to put some movies on Apple’s online service, the people involved in the talks said.

Does anyone out there remember when the only outlets to watch movies were the theater and cable? Oh, and the THREE networks (seriously, the Sunday Night Movie was a big deal back in the day)? Man, being a movie nerd was a pain in the ass.

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