Apple recently unveiled its plans to further its influence in home entertainment. One of their bigger announcements was the confirmation of Apple TV, which will retail for $99 and will let users rent movies and TV shows. There will also be the AirPlay technology that will allow content on iPhones, iPods and iPads to be streamed onto Apple TV, along with Netflix streaming.

“ABC and Fox have signed on,” said Apple CEO Steve Jobs. “We think the rest of the studios will see the light and get on board with us.”

Source: MercuryNews.com