By Kevin Grewal
This week’s launch and release of Apple’s (AAPL) tablet device is expected to do to media what iTunes did to music and the iPhone did to telecommunications.
Apple CEO, Steve Jobs, expects the tablet to bring great leaps of innovation to the media industry by repackaging and reselling media content. In fact, the new device aims to bring media efficiency to homes by enabling multiple users to read news, watch television and read emails.
According to the Wall Street Journal, Apple has been in negotiations with television networks like Walt Disney (DIS) and CBS Corp. (CBS) to come up with a monthly TV subscription service. Additionally, the company has been in talks with the New York Times (NYT) and NewsCorp (NWSA) to ink a publishing deal regarding books, newspapers and magazines. Read More…