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CE Oh no he didn't!: Time Warner chief likens Netflix threat to Albanian army
Think the relationship between Netflix and cable and content executives is amicable? Not. Even. Close. Certainly not after Netflix CEO Reed Hastings blazed a trail into the living room on the strength of the company's streaming television and movie content originally made possible by a shrewd 2008 deal with Starz. A move that netted streaming access rights to Sony and Disney content for an estimated $25 million -- next to nothing compared to the traditional licensing fees charged to cable operators. That deal is set to expire in 2011 and could cost Netflix as much as $250 million a year to renew. Time Warner CEO Jeff Bewkes thinks that Netflix's days at the top are numbered having been made possible by an era of experimentation that's now ending. "It's a little bit like, is the Albanian army going to take over the world?" said Bewkes, "I don't think so." According to the New York Times, the comments were made last week as UBS sponsored a media conference in New York that it says turned into a "platform for executives to express their grievances and emphasize that they will now aggressively try to tilt the economic balance between Netflix and content creators back toward the media conglomerates." Wow. Don't worry though Netflix subscribers, we're sure that the implied collusion is the good kind.
WSJ: Apple still 'racing' to complete iPad content deals before launch
The iPad launch may finally be right around the corner, but it looks like Apple might still have some considerable work cut out for itself before the big day. According to The Wall Street Journal, Apple is still negotiating with various media companies in an effort to drop the price on TV shows offered on the device, and it's even reportedly put some potential deals with newspaper, magazine and textbook publishers on the backburner as it focuses on other content. That word comes from the usual, unnamed "people with the matter," who go on to say that it's proven to be difficult to convince potential content partners of the advantages of working with Apple on the iPad versus the possible threats to their current sources of revenue. It's hardly all bad news for the magical device though, as some other people familiar with the matter say that Apple has already sold "hundreds of thousands" of iPads. For its part, Apple is naturally staying mum on both counts.
