Apple Inc is in talks with programmers to offer a slimmed-down bundle of TV networks this fall, the Wall Street Journal reported, citing people familiar with the matter. The service would have about 25 channels, anchored by broadcasters such as ABC, CBS and Fox, and be available across all devices powered by Apple's iOS operating system, including iPhones, iPads and Apple TV set-top boxes, the newspaper said.Apple has been talking to Walt Disney Co, CBS Corp , and Twenty-First Century Fox Inc and other media companies to offer a "skinny" bundle with well-known channels like CBS, ESPN and FX, leaving out the many smaller networks in the standard cable TV package, the Journal said.The service is expected to be launched in September. (on.wsj.com/1GOgcrv)The talks do not involve NBCUniversal, owner of the NBC broadcast network and cable channels like USA and Bravo, because of a falling-out between Apple and NBCUniversal parent company Comcast Corp, the newspaper said.
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. Shares of AAPL traded higher by 1.1% or $1.36/share to $124.95. In the past year, the shares have traded as low as $73.05 and as high as $133.60. On average, 57825900 shares of AAPL exchange hands on a given day and today's volume is recorded at 35874300.
Twenty-First Century Fox, Inc. is a global media and entertainment company. Shares of FOXA traded higher by 0.97% or $0.33/share to $34.35. In the past year, the shares have traded as low as $31.01 and as high as $39.27. On average, 12846000 shares of FOXA exchange hands on a given day and today's volume is recorded at 8423281.
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