Explaining the Cozy Relationship Between Apple and News Corp

Daily Finance: This week's big product news fromApple (AAPL) was made possible in part by News Corp. (NWS), which agreed to make its TV shows available for rent at the ultra-low price of 99 cents per episode via the Apple TV device. While Disney (DIS) also went along with the pricing scheme -- no surprise, since Steve Jobs sits on the Disney board -- CBS (CBS), Viacom (VIA) and NBC Universal all held out, worried that show rentals could undermine their economic model.

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