Apple reportedly halts plan to create live-TV subscription service

The Apple Music for TV isn't coming any time soon.

Speaking at Business Insider's IGNITION conference in New York, CBS CEO Les Moonvees said Tuesday that Apple has put its plans to create a live-TV subscription service "on hold." Apple reportedly ran into difficulty negotiating deals with companies looking for additional money, according to a Tuesday report from Bloomberg.

Apple's development of a TV subscription service was first reported by the Wall Street Journal in March, with a then-target launch date of September, coinciding with the release of the new Apple TV. Read more...