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Apple Prepping iTunes Replay On-Demand Video Service

Apple is believed to be wrapping up a new feature in iTunes 8 that will allow users to stream their iTunes video purchases directly from the company’s servers for playback anywhere, anytime without eating up local storage.

Dubbed iTunes Replay, the service would allow iTunes shoppers to build out their digital video collection without worrying about the space needed to store the often hefty media files. It’s unclear whether Apple plans to charge for the service, which is said to support both iTunes Movie and TV show purchases.

One of the main complaints users have with video purchases on iTunes is that they are forced to either throw away their files after watching them, or find a place to store the large files either on their hard drive or by burning them to DVDs. By storing their video content for them and allowing users to stream it for viewing as often as they want, Apple would essentially be offering a media center alternative.

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