iFive: Netflix Gets Mad Men, NYT Defends Paywall, Toyota Pulls iPhone Jailbreak Ads, Congress Vs FCC, Teens Love iPhones

1. As if to remind us that the world of TV is changing incredibly fast, Netflix has signed a deal with Lions Gate Entertainment to bring all the Mad Men archive shows to the digital online channel. The show is highly acclaimed and Netflix is reported to be paying around $1 million per episode–meaning it fully expects to recoup more than that from subscriptions and ads (curiously fitting given the show’s setting!).

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iFive: Netflix Gets Mad Men, NYT Defends Paywall, Toyota Pulls iPhone Jailbreak Ads, Congress Vs FCC, Teens Love iPhones