According to CNet, Apple is in negotiations with major film studios to bring video content to 'the cloud' for streaming. From the report:
"Apple has told the studios that under the plan, iTunes users will access video from various Internet-connected devices. Apple would, of course, prefer that users access video from the iPad, the company's upcoming tablet computer, the sources said."
Video streaming would obviously be paired with music as well due to the recent purchase of Lala Media by Apple. Apple also added an entire server farm in North Carolina and is planning on building it over the next few years.
