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Apple Puts Live TV Service On Hold

Apple has reportedly suspended plans to offer a live Internet-based television service. Instead, it’s focusing on being a platform for media companies to sell directly to customers through its App Store, Bloomberg Businessweek reports, citing sources. “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,” according to Bloomberg.

Read the whole story at Bloomberg Businessweek »

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