CBS CEO Says Apple ‘Pressed the Hold Button’ on Its Subscription TV Service

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

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