According to the New York Post, several media companies including Time Warner and NBC Universal told Apple that they won’t adopt HTML5 for iPad playback and that they will stick with Flash. As sources report, “such a reformatting would be expensive and not worth it because Flash dominates the Web.”
The New York Post goes even further and reports:
“In addition, one media executive pointed out that Apple’s ability to dictate terms to the media giants will be weakened further by Google TV, a software product that enables viewers to watch online video on their big-screen TVs.”
I’d wait until this fall season to see what’s going to happen with media companies and their playback offers. If the iPad will turn out to be a bigger success than the iPhone, of course they will jump on the HTML5 wagon.