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Well, this is an interesting development ... the future of film distribution is going to be a whole lot different than the way things work now and it looks as though Mark Cuban and Steven Soderbergh have just given things a big ol' kick forward ...

Soderbergh has just signed a six picture deal with Mark Cuban's 2929 Productions / Magnolia Films, which is good news in and of itself, but here's where it gets interesting. All six films will be produced in HD video so that they can be simultaneously released in theaters, on DVD and on pay TV simultaneously. Id' brush this off as a pipe dream but not only is Cuban a billionaire, but he's a billionaire who happens to own his own film production company, chain of theaters and HDTV pay movie network. If he wants this to go, it'll go. The first film of the six will be the now-in-production Bubble, a muder mystery set in a doll factory.

Check out the full article in The Hollywood Reporter.