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NEW ITUNES SOFTWARE TO BE RELEASED AHEAD OF MOVIE RENTALS Friday, January 11 2008 
Apple
is
expected
to
release
a
new
version
of
its
iTunes
software
next
week
that
will
allow
users
to
download
movies
to
"rent"
--
that
is,
to
be
viewed
during
a
limited
time
period.
The
software
release
is
expected
to
coincide
with
an
announcement
by
Apple
Chairman
Steve
Jobs
that
his
company
has
signed
deals
with
Warner
Bros.
and
Paramount
allowing
movie
rentals
on
Apple's
iTunes
online
store.
Apple
had
previously
indicated
that
it
had
(more)NETFLIX HOPES TO ELIMINATE RED ENVELOPES Thursday, January 3 2008 
Netflix
hopes
eventually
to
be
able
to
stream
movies
over
the
Internet
directly
to
high-definition
TV
sets,
the
online
video
rental
company
said
Wednesday
as
it
announced
its
first
partnership
to
do
so
with
South
Korean
manufacturer
LG
Electronics.
"We
want
to
be
integrated
on
every
Internet-connected
device,
game
system,
high-definition
DVD
player
and
dedicated
Internet
set-top
box,"
Netflix
CEO
Reed
Hastings
told
the
New
York
Times.
"Eventually,
as
TVs
have
wireless
connectivity
built
into
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Apple chief Steve Jobs is expected to announce today (Tuesday) that thousands of films from some of Hollywood's top studios will become available for "rent" via Apple's iTunes store on the same day that their DVDs hit the shelves. Most analysts expect that the movies will be priced at $3.99. Apple will reportedly employ technology that will enable renters to view the movies in high definition via their video iPods or iPhones, their computers, or their TV sets via a set-top box. However, on Monday, Netflix appeared to have stolen some of Apple's thunder when it announced that it would allow its customers to watch as many hours as they wish of streamed content from a catalogue of 6,000 titles -- at no extra charge.
