Summary:

Today on the Net: analyst say bankruptcy might be imminent for Blockbuster, Adobe’s CEO says he doesn’t need Apple or the iPad to survive and Gene Munster says rumors of a $99 iTV could mean Apple could soon introduce out a connected TV.

Blockbuster Bankruptcy Imminent, Analysts Say; the DVD rental firm is attempting to recapitalize as it rolls out a multiplatform distribution strategy delivering movies by mail, kiosk, transactional video-on-demand (VOD), mobile phone and with fewer traditional store locations. (Home Media Magazine)

Adobe CEO Says He Doesn’t Need Apple or the iPad; Adobe and Apple have locked horns over the failure of the iPad to play videos in Flash, but Shantanu Narayen thinks the episode has been rather overplayed. (Telegraph.co.uk)

Rumored $99 iTV Could Pave Way for $2,000 Apple-Connected Television; Piper Jaffray analyst Gene Munster says Apple will sell a connected TV in the next two to four years, but only after it launches a new version of the Apple TV set-top box. (Digital Daily)

Showtime Signs Exclusive Deal With Clicker.com; Showtime has teamed up with Clicker for exclusive awards who tune in and check-in to its shows on Clicker.com, Clicker Mobile or the Clicker Android app. (Clicker blog)

Epix Launches “The 3″ on Dish Network; the new cable channel from Epix will feature an unedited lineup of movies from the 70s, 80s and 90s. (press release)

MTV, Universal Call Truce in Digital Rights Battle for VMAs; Universal has provisionally allowed MTV to publish its artists’ videos strictly for the purpose of the Video Music Awards. (AdAge)

Fox Business Launches iPad App; cable news channel is building a mobile app strategy with the launch of an iPad application. (Mobile Marketer)

PGA.com Delivers Record-Setting Numbers for the 2010 PGA Championship; for four rounds of coverage, the site delivered a record 11.9 million total video streams (live + on-demand), a 250% increase over last year. (press release)

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