Apple streaming video service a steppingstone to TV set

By | March 17, 2015

Scalper1 News

Apple (AAPL) is preparing to enter the over-the-top Internet television market this year with a multichannel subscription service that would provide an alternative to more expensive cable, satellite and telco TV services. The streaming video service will launch this fall with about 25 channels, including several broadcast networks, the Wall Street Journal reported late Monday. Apple’s service would be available on iOS devices including iPhones, iPads and the Apple TV set-top box. Apple’s service reportedly will include CBS (CBS), Fox (FOXA) and Walt Disney (DIS)-owned ABC broadcast networks. NBC is not part of the subscription programming bundle, but the Comcast (CMCSA)-owned network plans to offer a stand-alone streaming app for Apple TV later this year, 9to5Mac reported Tuesday. Apple is aiming to offer the service for $30 to $40 a month. It likely will announce the service in June and launch it in September, the Journal said. The news follows… Scalper1 News

Scalper1 News