Apple drops plans for live TV service - report

Wednesday 9 December 2015 | 08:52 CET | News
Apple has suspended plans to offer an OTT video service with live TV and is instead focusing on being a platform for media companies to sell directly to customers through its App Store, a person with knowledge of the matter told Bloomberg. While Apple isn't giving up entirely on releasing a live-TV service, its plan to sell a package of 14 or so channels for USD 30-40 a month has run into resistance from media companies that want more money for their programming, according to the report. CBS CEO Les Moonves said at a conference 08 December that Apple had put its live TV plans "on hold". 

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Categories: Broadcast & Satellite / Internet
Companies: Apple
Countries: United States
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