Rumor: Apple making progress in negotiations with TV networks, looking to launch TV streaming service in the fall

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Date: Tuesday, July 14th, 2015, 09:01
Category: Apple TV, Rumor


Apple’s apparently still in negotiations with the networks for its upcoming TV streaming service.

A recent article in the New York Post has Apple talking with ABC, CBS, NBC and Fox with Apple’s 30 percent revenue share being the point of contention. Still, rumors have it that Apple is targeting a late fall launch of its new TV product.

The current word around the campfire is that Disney or CBS will apparently be among the first to sign onto the deal. Apple also seems interested in getting Disney’s ESPN and Discovery channels folded in along with local live TV.

Apple is getting ABC, CBS, NBC and Fox to handle the minutiae of the rights deals with local broadcasters rather than Apple itself. The networks are close to having the ability to negotiate with Apple on behalf of the local affiliates. They are being notified by networks that they can opt in to Apple’s plans and share in the revenue of the Apple streaming service.

The new streaming bundle is expected to debut this fall alongside new Apple TV hardware, which will feature an App Store, more powerful internals and a revamped remote.

Stay tuned for additional details as they become available.

Via AppleInsider and the New York Post

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