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Showing posts with label talks. Show all posts
Showing posts with label talks. Show all posts

Sunday, 1 January 2012

Apple in talks over its iTV project

Apple in talks over its iTV project

Apple is in discussions with media executives over its plans for an 'iTV' that it believes will change the television world, and presumably really tick off one of the UK's biggest broadcasters.

According to the Wall Street Journal, Apple is embroiled in talks over its widely mooted television content – which was outed posthumously by Steve Jobs via his authorised biography.

The iTV will build on its Apple TV concept but is expected to comprise a screen as well, although the service will tie closely into its other devices.

That would mean being able to pick up a show or movie at the point you left it on another device – meaning a more seamless content consumption experience for consumers.

Kinect-like

Rumours are rife about the potential feature-set, with the current suggestion that Apple's iTV will bring Kinect-like motion sensor and voice technology, allowing you wave your arms at your television and pretend to be Tom Cruise in Minority Report whilst actually looking like a tool.

Interestingly, the talks have not apparently revolved around content – which will presumably be the key factor to the success or failure of the project.

Regardless, interest is clearly mounting in the Apple iTV – although it will be fascinating to see if that name will stick given its long-standing use in the UK by a major terrestrial broadcaster.



Thursday, 15 December 2011

Verizon in talks to buy Netflix?

Verizon in talks to buy Netflix?

Mobile network Verizon is reportedly in talks with Netflix over a bid to take over the troubled video streaming giant.

Verizon has expressed an interest in entering the on-demand streaming game with reports last week claiming it may start its own rival to Netflix, Hulu and Amazon Prime.

However, after looking at Hulu, it appears the company has turned its attentions to Netflix, which has enjoyed a torrid few months following a massive backlash over a price hike earlier in the year.

Netflix's stock price rose sharply on Monday morning, as rumours of the takeover circulated, and were up 6.8 per cent by midday.

Value

Deadline Hollywood reports that Netflix, despite its recent troubles, still has a market cap value of $4bn and its commitments to license shows and movies come to around $4.5bn.

If Verizon went ahead with the plans, it certainly wouldn't be a cheap deal.

"It would be far cheaper to buy Netflix's subscribers than it would be to buy the service," says analyst Tony Wible.

With the takeoever rumours causing things to improve for Netflix on Wall Street, company bosses will be keen to allow the rumors to grow, whether they have substance or not.



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