Disney Unveils KeyChest Technology

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Walt Disney Co. on Tuesday unveiled a technology called KeyChest to enable consumers to buy films or television shows from various distributors, store them on remote servers, and play them on multiple platforms ranging from TVs to computers and phones.

Disney said it plans to roll-out KeyChest for both the U.S. and the international market, and that it will soon announce partners who will participate in the program. Negotiations with content distributors, cable companies and telecommunications services have been ongoing for several months.

Disney hopes the technology will be deployed before the end of 2010.

The goal of KeyChest is to make it easy for for viewers to see a movie accessed from various outlets and to address the issue of compatibility in maneuvering content from device to device as well as limited storage space on consumers’ hard drives.

• Read the full Reuters story.

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