“Apple Inc began talks earlier this year to stream films owned by EPIX, which is backed by three major movie studios, on devices including a long-anticipated TV, according to two people with knowledge of the negotiations,” Ronald Grover and Lisa Richwine report for Reuters.
“One of the sources told Reuters that any discussions would apply to its set-top box and also to upcoming devices that stream content,” Grover and Richwine report. “Apple is widely expected to unveil a full-fledged TV product later this year or in early 2013 to drive its next phase of growth and potentially revolutionize the industry.”
Grover and Richwine report, “Talks with EPIX are in the preliminary stages and no agreement is considered near, the source said. The talks could be complicated by EPIX’s 2010 agreement with Netflix, which pays $200 million a year for the rights to stream movies to its 23.4 million U.S. clients. That deal gives Netflix exclusive streaming rights to EPIX movies through September – before Apple is expected to trot out its planned TV set.”
Read more in the full article here.
[Thanks to MacDailyNews Readers “Lynn Weiler” and “Jax44” for the heads up.]