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Now here's a shocker. The TV networks are coming out as the big winners with the new Video iPod downloads. It seems that with every $1.99 video you download from iTunes, the networks are making 70%, or $1.44. This, according to JPMorgan Chase analyst Spencer Wang—heh. Obviously, this is going to make those network execs cream their pants, so expect a lot more of this type of programming in the future. Unless Apple gets smart and starts asking for a bigger piece of the pie. I guess it will be a fight to the finish.

Nets make $1.44 per iTunes download [Lost Remote]