Apple Plans To Launch Subscription TV Service
Apple is in talk with TV programmers about the launch of a web-based subscription TV service that would launch this fall the Wall Street Journal reported.
The service, said to be about $30 to $40 per month, would have about 25 channels including major networks such as ABC, CBS and FOX. One major network that would be lacking is NBCUniversal due to a conflict between Apple and NBCUniversal parent company, Comcast, according to CNET.
The service would be available on all of Apple’s iOS operating systems including Apple TV. Just last week Apple partnered with HBO Now allowing users to stream the channel for $14.99 a month. WSJ said that this was, “designed as a kind of appetizer for the main meal plans to be served later this year, according to a person familiar with the matter.”
Apple is entering a competitve market with this TV service with competitors such as Hulu Plus and Sling TV as well as Sony’s rumored TV subscription. WSJ said that the reason for this competitive market is because, “several companies are looking for ways to target ‘cord cutters,’ people who don’t want to pay the typical $90 price for a cable TV package with hundreds of channels and who tend to enjoy online video.”
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