Les Moonves, the CEO of CBS, revealed that Apple may have put its plan for a streaming subscription TV service on hold, at Business Insider’s IGNITION conference in New York.Today, Moonves said that Apple and CBS were close to settling on a price point of between $30 and $40 per month for these bundles — Moonves specifically mentioned the price point of $35 multiple times — before Apple decided to pause and reconsider.”They’ve had conversations on it, and I think they pressed the hold button,” Moonves said on stage.Share Article:Facebook, Twitter, LinkedIn, Google Plus, Email, Reddit, Digg, Delicious, StumbleUponFollow iClarified:Facebook, Twitter, LinkedIn, Google Plus, Newsletter, App Store, YouTubeAdvertise Here
Source: iClarified Read More: CBS CEO Says Apple 'Pressed the Hold Button' on Its Subscription TV Service