We've seen our fair share of oddities when it comes to approval of apps in the App Store, but this one probably takes the cake for the most obvious reason: it lets you stream movies directly from your iPhone or iPad at no cost. We're not talking old movies that are in the public domain either. We're talking recent movies, some of them still being played in theaters.
Update: Apple pulled this app from the App Store. It would have been nice to have an explanation about why and how it was approved in the first place, but I guess we'll have to let our imagination run wild.