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December 10, 2015 02:00 pm

Report: Apple To Suspend Effort To Develop Live TV Service

schwit1 sends word that Apple has reportedly suspended plans to offer a live internet-based television service and will focus on being a platform for media companies to sell directly to customers through its App Store instead. Bloomberg reports: "Apple Inc. has suspended plans to offer a live Internet-based television service and is instead focusing on being a platform for media companies to sell directly to customers through its App Store, according to a person with knowledge of the matter. 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 $30 to $40 a month has run into resistance from media companies that want more money for their programming, said the person, who asked not to be named discussing a prospective product."

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/Um5_FLGP3Jc/report-apple-to-suspend-effort-to-develop-live-tv-service

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