Barry Diller told Bloomberg TV's Betty Liu that he believes people will pay for media content in the future, and that paywalls will work eventually. "[Free content] will end because now so many people are used to paying for applications, whether they pay 99 cents or whether they pay for a tune, or they pay 99 cents to play Solitaire, or $4.95 to do this or $2.95 to do that, or one kind of one stop, very simple to do," Diller said.
Bloomberg reports that Apple is developing a digital newsstand to allow publishers to sell magazines and newspapers designed for reading on iPads and other Apple devices.
New bill is in the Senate that would make illegal streaming of audiovisual works over the Internet a felony offense in some cases potentially hurting YouTube. More broadly, Bill S.978 could also hurt anyone who embeds these videos, leading to 5 years of jail time.