Time Warner and NBC Universal not willing to give up Flash

Thu, May 27, 2010

News

The NY Post reports:

Sources said several large media companies, including Time Warner and NBC Universal, told Apple they won’t retool their extensive video libraries to accommodate the iPad, arguing that such a reformatting would be expensive and not worth it because Flash dominates the Web.

Though the iPad has been a huge hit, media companies are feeling emboldened in their rebuffing of Apple by the launch of rival touch-screen tablet devices, such as the ones coming from Dell Computer and Hewlett-Packard, sources said.

Penny wise and pound foolish.

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