Following my speculation the other day that Apple must have secretly negotiated deals to allow video streaming and cloud storage for TV shows and movies, Jay Yarow over at Business Insider reports just that:
Apple might be ready to roll out its own video subscription service similar to Amazon and Netflix, Peter Misek at Jefferies reports in a note this morning. Specifically, he says, "As part of Apple's roll-out of cloud video services (and eventually an iTV), we believe Apple has unannounced deals with all/most of the studios/TV networks that are similar to the subscription streaming deal between Amazon and CBS."
-Business Insider, August 3, 2011
Again, I'm impressed that they got their ducks in a row to trump Google and Amazon in the cloud media space without any leaks. A big win for Apple customers, as what better to store in the cloud and stream than huge video files.