News Update: Apple Inc. Far Ahead In Talks With News Corp. on iTunes TV Show Rental Deal

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Uploaded by on Aug 24, 2010

Apple Inc. (NASDAQ:AAPL) is reportedly far along in discussions with News Corp. (NASDAQ:NWS) in a deal that could allow iTunes users rent television shows for $0.99, reports Bloomberg Tuesday, citing sources close to the matter. iTunes users would be able to rent TV shows from News Corp.'s Fox station for 48 hours, the sources say. The sources added that CBS Corp. (NYSE:CBS) and Walt Disney Co. (NYSE:DIS) are also ready to jump on board with discussions. SmarTrend currently has Apple in a Downtrend. Since 2008, SmarTrend subscribers trading Apple using our alerts outperformed the stock by 33%. We are monitoring these developments and will alert subscribers to any change in trend. Shares of Apple are trading down 1.99% Tuesday afternoon at $240.92, as are shares of News Corp., which are down 1.50% at $13.80.

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  • Aboxataxn are you mildly retarded or just stupid like your comments suggest , you tube de indexed 50 million people using music as a category and never told them , they have no pages like all the other sections on you tube , their videos can never go viral , its about having a place like other users where your hard work can go viral , the only page they have now is corporate music , what part about that is it you can,t wrap your little mind around , i hate morons like you , piss off

  • Also, Prince Alwaleed bin Talal al-Saud of Saudi Arabia, through his Kingdom Holding Company, owns 7% of News Corp.'s shares, making Kingdom Holdings the second largest shareholder.

    News Corp owns: Fox TV, STAR TV, FX, Nat'l Geo, Speed Channel, BSkyB,

    American Idol.com, Hulu .com, IGN, MySpace Scout .com, The Sun Newspaper,

    News of the World, Sunday Times, NY Post, The Brooklyn Paper, Dow Jones & CO, The Wall Street Journal, Harper Collins & the Nat'l Rugby League.

    7%

  • @BeautifulGirlByDana I think if you search for something, in "quotes", you'll find what you're looking for. In the past, people relied on "recommended suggestions" instead of searching themselves. I agree that this corporatism is affecting the majority of musicians/performers who use YouTube as a marketing tool. But finding good independent or underground music on YouTube is still doable. And when you find a musician like this make sure you subscribe to them.

  • Oh now i see why You tube de indexed 50 million musicians a few weeks ago , , they got rid of the competition , all you tube music pages are now corporate only , you tubers have no pages to go viral on anymore , you tube should restore music category or at least tell the 50 million artist and 100s of millions of fans who use music as a category that they don,t have pages for their videos , they are banned by you tube for being musicians

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