Friday, August 31, 2007

NBC will not renew iTunes contract

NBC Universal and Apple were unable to come to an agreement on pricing, leading to the a withdrawal. NBC Universal — which is the No. 1 supplier of digital video to Apple’s online store, accounting for about 40 percent of downloads — notified Apple of its decision late yesterday, according to a person familiar with the matter who asked for anonymity because negotiations between the companies are confidential. Article