Monday, March 12, 2012

Apple?s upcoming streaming TV service again tipped by CBS CEO

Apple CEO Steve Jobs approached CBS approximately one year ago in an attempt to secure a content deal for a streaming television service that was in development at the time. CBS chief executive Leslie Moonves publicly spoke of the negotiations once before during an earnings call late last year, and now he is quoted again after having reportedly discussed the matter on stage during a presentation at the UCLA Entertainment Symposium.�”I told Steve, ‘You know more than me about 99 percent of things but I know more about the television business,’ ” Moonves said according to Hollywood Reporter. Moonves said he denied Jobs access to CBS content for the service out of fear it might disrupt CBS’s existing revenue streams.

Source: http://www.bgr.com/2012/03/12/apples-upcoming-streaming-tv-service-again-tipped-by-cbs-ceo/

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