LOS ANGELES (Hollywood Reporter) - Vudu has become the first on-demand service to offer high-definition movies for download to own rather than just rent.

Under agreements with such independent film companies as Magnolia Pictures, FirstLook Studios and Kino, Vudu will begin by offering 50 HD titles, including best documentary Oscar winner Man on Wire, for purchase.

Vudu already offered a library of more than 1,400 HD movies for rental. Vudu's new collection, being unveiled Tuesday, will be available for rental as well as purchase in both instant HD and Vudu's HDX format.

In addition to Magnolia's Man on Wire, other titles include FirstLook's Transsiberian and War, Inc.

High-definition titles purchased from Vudu can be stored on the consumer's Vudu box or in the Vudu Vault, a free online storage option for movies and TV shows that enables consumers to free up disk space while retaining access to all their purchased titles. Movies are priced from $13.99 to $23.99.

(Editing by Sheri Linden at Reuters)

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