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Apple in talks to introduce videos to iTunes
Report: Version of iPod that plays video may be unveiled by September

Apple Computer recently held discussions with major recording companies, seeking to license music videos to sell through the company’s iTunes Music Store, according to a report in Monday’s edition of The Wall Street Journal.

The talks are a possible prelude to a version of Apple’s hit iPod music player that plays video — a version of the gadget that the Journal says the Cupertino, Calif., computer and electronics company has told some entertainment-industry executives could be unveiled by September.

If Apple’s gamble on video content proves to be successful, it could create a significant new source of income for media companies that are rushing to distribute video content on the Internet to offset the growing number of pirated movies, television shows and other programming now distributed online according to the Journal report.