The death of TV: Part XXIII

Apple has announced a new version of Apple TV. Apple has cut both the price and size of the device; it's now tiny compared to the old version, and costs only $99. The old version of the product was able to store movies and TV shows, but the new version only streams movies and TV, either from online sources or from content stored on a nearby Mac computer.

TV shows are going to typically rent for ninety-nine cents, and HD movies will go for $5. At a buck a TV show, a typical household could watch a lot of "must see" TV before you would spend more than the average $65/month cost of cable TV. And you can watch Netflix movies on demand for free if you are already a Netflix customer. The new device also retains the ability to stream and play music from a nearby iTunes music library; ditto with photos from a local iPhoto picture album. And Apple TV can be controlled with an iPhone or an iPod Touch. Apple has pretty much completed the transition to an all-digital, fully integrated music/TV/movies/pictures system.

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