Apple In Talks To Launch Online TV Service: WSJ

Apple Inc's much-hinted-at TV service may soon become a reality as the iPhone maker is in talks with programmers to offer a slimmed-down bundle of TV networks this fall, the Wall Street Journal reported, citing people familiar with the matter.

(Reuters) - Apple Inc's much-hinted-at TV service may soon become a reality as the iPhone maker is in talks with programmers to offer a slimmed-down bundle of TV networks this fall, the Wall Street Journal reported, citing people familiar with the matter.

The service would have about 25 channels, anchored by broadcasters such as ABC, CBS and Fox, and be available across all devices powered by Apple's iOS operating system, including iPhones, iPads and Apple TV set-top boxes, the newspaper said.

Apple has been talking to Walt Disney Co

Apple, which is aiming to price the new service at about $30 to $40 a month, plans to announce the service in June and launch it in September, the newspaper said. (http://on.wsj.com/1GOgcrv)

Apple spokesman Tom Neumayr said the company does not comment on rumor and speculation. Fox and CBS declined to comment.

Several media companies are considering joining streaming-only services, or launching their own like HBO and CBS, to attract young people who do not subscribe to traditional pay TV packages. But programmers also fear the packages could become so popular that they undercut current, more profitable deals with cable companies.

In January, Dish Network Corp

Dish's $20 a month service, the first from a distributor, will be available through Internet-connected devices such as Amazon Fire TV, Roku and Google Nexus Player for TVs, tablets, computers and smartphones and will include TV programming from ABC, ESPN and Maker Studios, Time Warner's

Others like Sony

Apple is not in talks with NBCUniversal, owner of the NBC broadcast network and cable channels like USA and Bravo, because of a falling-out between Apple and NBCUniversal parent company Comcast Corp

Apple and Comcast were in early-stage discussions last year to offer a streaming-television service that would allow Apple set-top boxes to bypass congestion on the web.

(Reporting by Supriya Kurane in Bengaluru and Jennifer Saba in New York; Editing by Anupama Dwivedi)

Popular in the Community

Close

What's Hot