Adobe’s (ADBE) Flash video software has become a flashpoint in negotiations between Apple (AAPL) CEO Steve Jobs and Big Media.
On a day when Apple execs probably cheered the fact the company had surpassed Microsoft as the world’s most valuable tech company, Jobs was grappling with resistance from Tinseltown over Apple’s ongoing fight with Adobe.
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.
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