CBS Corp.’s discussions with Apple Inc. over TV programming will "probably" lead to a deal, says CBS Chief Executive Officer Les Moonves.
“Apple is having conversations with everyone about doing their own streaming services,” Moonves said in an interview Wednesday on Bloomberg TV. “We have had those conversations, as have the other networks. Do I think something will happen? Probably, but I do not know when.”
CBS is having similar discussions with other companies including Facebook Inc. and Netflix Inc. about rights to stream TV shows and live broadcasts over the Internet, he added.
What do we know about Apple's rumored TV service, which I call Apple Web TV? The Wall Street Times says that Apple is in talks with programmers to offer a slimmed-down bundle of TV networks that will be available on Apple gadgets such as the Apple TV, iPad, and iPhone. The service will reportedly have about 25 channels and cost between US$30 and $40 per month.
Apple’s Web TV offering will reportedly be anchored by broadcasters such as ABC, CBS and Fox, but won’t include smaller channels typically included in a standard cable TV package. If the WSJ is right, Apple’s new service may have one channel that may have folks who’ve been hesitant to cancel their cable or satellite service doing just that. ESPN. Disney and Viacom are also reported to be in discussions for inclusion in the Apple Web TV service.