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NBC WANTS TO SING A DIFFERENT (I)TUNE(S) Friday, August 31 2007 Unhappy with the amount of revenue it receives by selling its TV shows through Apple's iTunes Music Store, NBC has decided not to renew its contract with Apple at the end of the year and to offer the programs via its own website instead, the New York Times reported today (Friday). NBC is the leading supplier of downloadable video on Apple's online store. In effect, the network wants to be able to determine how its (more) APPLE MAY 'RENT' NEW MOVIES ONLINE: Saturday, June 9 2007 Apple, which has thus far only persuaded Disney to allow it to sell new movies on its iTunes store at the same they are released on DVD, is negotiating with other studios to allow it to offer new movies for rent instead, the Wall Street Journal reported today (Monday). According to the newspaper, Apple would rent the movies "for a set number of days," after which they would, in effect, self-destruct. Presumably the movies could be (more) |
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As rumors continued to circulate that Apple is considering slashing the price it charges for video downloads on its iTunes Music Store, News Corp President and COO Peter Chernin has expressed his concern about the reported cuts. In an interview with Reuters while on business in Poland, Chernin said that he plans to discuss Apple's pricing structures with the company but that at present he's not engaged in a dispute with Apple -- unlike NBC Universal executives who have notified Apple that they plan to remove all Universal movies and NBC television shows from the iTunes website by the end of the year. "Right now we have a perfectly good relationship with Apple," he said. "But let me say this, we're the ones who should determine what the fair price for our product is, not Apple." (An NBC Universal spokesman later agreed with Chernin "without question.") Chernin's remarks appeared to raise new concerns about who really does control the pricing of such related items as movie theater tickets and DVDs (which are often sold as loss leaders by such warehouse outlets as Wal-Mart and Costco).
