MovieBeam, a venture formerly funded by just The Walt Disney Company, but now with backing as well from Intel, Cisco and several venture capital firms, is a new set top box ready to join the array of boxes already cluttering home entertainment systems across America. This latest unit though provides some of the most interesting promise: wirelessly downloaded movies from virtually every major Hollywood studio, including 20th Century Fox, NBC/Universal Studios, New Line Cinema, Paramount Pictures, Walt Disney Studios and Warner Brothers Studios. The MovieBeam set top box is priced at $199.99 after an introductory rebate. It comes preloaded with 100 mainstream movies across multiple genres and downloads 10 new movies a week - some new, some older popular favorites - via over-the-airwaves data casting technology which is carried on top of an existing PBS broadcasting infrastructure managed by National Datacast. As new movies are automatically downloaded, older movies are automatically deleted to keep the number at a constant 100.
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