iTunes News

CUPERTINO, CA—Apple Computer, producer of the successful iPod MP3 player, is now offering consumers limited rights to buy their own home movies from the media store iTunes for $1.99 each.

"Ladies and gentlemen, the future of home-video viewing is now," Apple CEO Steve Jobs said at a media event Tuesday morning. "As soon as you record that precious footage of your daughter's first steps, you'll be able to buy it right back from iTunes and download it directly to your computer and video iPod."

Jobs emphasized that the videos will be presented unedited and in their original form, save for a small Apple logo in the lower right-hand corner of the image to protect the company's copyrighted materials from Internet piracy.

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