When iCloud premiered Universal Studios and Fox Studios were the only major studios to be absent from the iCloud. However earlier this weekend Universal Picture Films became available on iCloud. This means that not only will future films be available for re-download but also those movies that have previously been purchased from iTunes can re-download them at no cost.
This change leaves only one major studio to join the iCloud, as of yet Fox has decided not to enter an agreement with Apple, even though HBO was said last month to have reached an agreement.
The iTunes in the Cloud functionality in iCloud originally only applied to music, books and applications purchased through the iTunes Store. Now, users can access both movies and TV shows as well, from participating studios.