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Three stories:

Yahoo buys Current TV and accept the fact that their online ads are slowing down which moves down their stocks today.

Sony pictures buys Grouper for $ 65 million.

Disney chief executive Robert Iger said today that in the first week of the iTunes movie store, the company sold 125,000 movies and generated $1 million.

Woow impressive stories for the online video and movie sites.

It is a question to be asked since Eric Shmidt has been a board member in Apple.

Apple Computer Inc. named Google Inc. CEO Eric Schmidt to its board of directors Tuesday, creating a high-profile link between two of Silicon Valley’s most prized companies as they try to expand their recent successes and topple Microsoft Corp. as high technology’s kingpin. Source Ap Wire