This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

HBO Is Not 'Talking' to Apple About a Content Deal

NEW YORK ( TheStreet) -- According to sources close to the situation, contrary to prior media reports, Apple (AAPL - Get Report) is not "in talks" with Time Warner's (TWX - Get Report) Home Box Office over licensing the latter's content for some type of pay-television service.

There are no negotiations between Apple and HBO, merely standard conversations about existing relationships (such as HBO GO's authenticated presence on the existing Apple TV set-top box). In these discussions, other things "come up," however the source tells me there is a difference between "talking" and being "in talks" or "negotiations."

One high-ranking media executive noted that Apple and other technology companies will have a difficult time getting any cable-like service off the ground and into a large number of consumer's hands thanks, in large part, to the strong existing relationships between content owners and traditional cable and satellite companies.

It's also important to note that HBO has a history of keeping its content largely exclusive, refusing, time and time again, to sell it to third parties such as Netflix (NFLX - Get Report).

-- Written by Rocco Pendola in Santa Monica, Calif.

Rocco Pendola is a columnist and TheStreet's Director of Social Media. Pendola makes frequent appearances on national television networks such as CNN and CNBC as well as TheStreet TV. Whenever possible, Pendola uses hockey, Springsteen or Southern California references in his work. He lives in Santa Monica.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $124.75 0.00%
NFLX $571.55 0.00%
TWX $83.40 0.00%
FB $80.78 0.00%
GOOG $524.05 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs