Apple Inc. TV Service Could Be Delayed
Apple Inc. (NASDAQ:AAPL)’s rumored TV service could face a delay over not scoring deals with content providers to deliver live local programming. A recent report from Re/Code claims Apple hopes to provide shows from local broadcast stations. As a result, the company’s goals have gotten into a complicated mess because most local stations are part of a larger affiliate group. The stations don’t own the content and can’t make decisions to work with the company.
The Cupertino tech company was rumored to have initially wanted to launch its new service by autumn, but the industry doesn’t think Apple has signed with any television companies just yet. Apple may eventually launch the service, but it’s expected to take a significant amount of money.
Industry insiders believe Apple will utilize its marketing skills to promote the TV streaming service while earning revenue. Since the iPhone maker reportedly wants to find an alternative source for pay-TV instead of replacing it completely, executives are more apt to working with them.
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