BitTorrent, a name that has become anathema to the major movie studios, which have accused it of facilitating Internet piracy, plans to launch the BitTorrent Entertainment Network that will sell legal downloads of films and TV shows from Warner Bros., Paramount, 20th Century Fox, MGM, and Lionsgate, the Associated Press reported today (Monday). Users will be able to rent new movies for $3.99, older ones for $2.99, and TV shows for $1.99. They can be viewed within a 24-hour period. Unlike the bootleg versions, the ones from the studios cannot be burned onto DVDs. Ashwin Navin, president and co-founder of BitTorrent told the A.P. that the studios had demanded BitTorrent charge prices for permanent downloads that the web service thought were too high. Navin told A.P.: "We need to give [customers] a price that feels like a good value relative to what they were getting for free."