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Report: Apple will launch Web TV service before end of 2015

New report says Apple will launch a streaming TV service by the end of the year
By: Michael Hatamoto | Online Video News | Posted: Mar 17, 2015 8:30 pm
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Apple is currently talking with content producers to launch a streaming TV service in the fall, according to a report published in the Wall Street Journal. If everything goes according to plan, consumers can expect the new streaming offering in September.

 

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After the service launches, around 25 channels will be included, with ABC, CBS and Fox reportedly signing on - and the service can be used by all iOS devices, such as iPhones, Apple TV set-top boxes, and iPads. The new Internet streaming platform will cost about $30 per month.

 

"I think when Apple TV launches it will get lots of attention," said Jeff Kagan, industry analyst. "Some will love it and others will not. I think Apple TV will start small, [and] then grow quickly. Sort of on the same track as the original iPhone seven years ago. If we look out another five or ten years I Think Apple could have a powerful position in the television marketplace if for no other reason than they already have a gazillion customers always wanting the next, big thing."

NEWS SOURCES:Wsj.com, Static3.businessinsider.com

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