+ Universal To place Its Movies Online +

Universal expects to be able to offer movies online by the end of the year or early next year, company chairman and CEO Bob Wright said Tuesday. Speaking at a conference on piracy in London, Wright described the studio's entry into online movie services as 'something we have to do.' However, he cautioned, the studio's entry into the Internet sphere must be accompanied by fail-safe methods to prevent the films from being copied and redistributed. 'These movies are so expensive, we have to be careful"..