Tuesday, February 06, 2007

Apple Moves One Step Closer to Licensing The Beatles, and Wal-Mart Joins Online Video Fray

Expect The Beatles' tunes to be coming to iTunes and your iPod soon. Speculation of such a near-term event grows as The Beatles' Apple Corps record label made peace with Steve Jobs' Apple Inc. over use of an apple as their logo. Jobs has made it no secret that he is a long-time fan of the Beatles, and bring their music over to the digital world would be yet another coup for Apple Inc.

In separate digital media news, Wal-Mart today opens its virtual doors to selling movies online at www.walmart.com/videodownloads. Wal-Mart joins an already crowded field of other online movie sellers, including iTunes, Movielink, CinemaNow, Vongo, and Amazon. Others soon will follow, including BitTorrent and NetFlix. Wal-Mart, however, holds a uniquely powerful position with the studios, because it is the nation's top seller of movies and music, owning 40% of the DVD business. 2007 certainly is the year for online video ...