real-time news and commentary for investors
Monday, Apr 2
2012, 5:29 PM
Barclays' Anthony DiClemente throws cold water on hopes that an iTV will revolutionize the...
Barclays' Anthony DiClemente throws cold water on hopes that an iTV will revolutionize the television industry. While expecting the device itself to be great, DiClemente doubts Apple (AAPL) will be able to convince TV network owners to provide content on an a la carte basis, not when pay-TV providers are coughing up ~$30B/year in affiliate fees. Reports have already emerged Apple is struggling to secure TV content for this reason.