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The Times (UK) reports that iTunes UK and iTunes Canada will begin selling movies "at prices on a par with DVDs."

Exact pricing details were aren't available, but studio sources said that they “would not want to undercut DVD prices.” That would imply prices ranging anywhere from £6 to £25.

The exact date on which popular films will be made available is yet to be finalized and the release schedule will be up to the studios.

Initially at least, Disney, Fox, Warner, Paramount, Lions Gate and MGM titles will be available. The Times reports that only Universal (surprise, surprise) and Sony Pictures aren't part of the deal.

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Mercury Extreme SSD
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