Apple Event Scheduled for Thursday

So what is the big announcement on Thursday. That iTunes will offer ABC TV shows. That Verizon will have an iPhone. That the Apple TV has been updated. "Apple has held an annual media event in September every year for several years now, each focused on the iPod. Though many Apple fans keep their fingers crossed that Apple will discuss other things (such as iPhones and Macs) in September, this is not usually the case. Typically, Apple updates the iPod touch and introduces a newly designed iPod nano, among other things." The clock is ticking and like every event, perhaps the hype is greater than the truth.

ABC and Time Warner Cable Settle

It seems that Time Warner Cable customers won't have to worry about losing their ESPN or Disney or even ABC on Thursday. According to reports, negotiations have led to an agreement with the only thing left to do is dot the i's and cross the t's. Which means simply that business terms have been settled and legal terms need to be ironed out. "One big unanswered question is how much Disney was able to extract for ABC, which is seeking distinct carriage fees for the first time." We can only assume that rates went up and ultimately so will subscriber fees. Higher costs for more of the same. And you thought we were in a recession.