Hollywood Banks on Cloud-Based Movie Storage Studios in Hollywood are set to launch their UltraViolet cloud-based movie storage. This “digital locker” service is expected to boost movie sales by attracting consumers to the cloud. According to Lisa Richwine from reuters.com, this service will enable movie buffs to keep purchased copies of films on remote servers. UltraViolet cloud-based movie storage allows a person to view movies of his choice any time on a range of devices. For many months now, studios in Hollywood are facing losses due to companies such as Netflix that offer unlimited monthly rentals in a cheap and
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