January 10, 2008

Apple Closes In on Hollywood

It has been Hollywood's worst-kept secret: Steve Jobsis starting to win over the film industry. the buzz is heavy that Jobs and most of the big studios are nearing compromise on key sticking points that have prevented iTunes from offering most of the new and old movie titles consumers see at Blockbuster, Netflix, and Wal-Mart Stores. Studio executives, forced into silence by Apple's ultra-uptight nondisclosure agreements, aren't talking, and neither is Apple. (Business Week)