Appolicious - Steve Jobs launched a revamped version of Apple's (APPL) "hobby" on Wednesday, a TV service that works over a home's Wi-Fi network so users can rent Hollywood blockbusters for $4.99 the day they are released or popular TV shows for 99 cents. A partnership with Netflix was also introduced, allowing Netflix (NFLX) customers to stream an older catalog of movies and TV shows for $8.99 a month.
Source
