New York - Apple (NASD: AAPL) has been pitching TV networks a plan to offer an iTunes-based TV subscription service that would cost about $30 a month, All Things D reported, citing multiple unnamed sources.
Apple is keen to launch such a service early next year, but has not received firm commitments from networks, the report said.
Disney (NYSE: DIS), which owns networks including ABC and ESPN, is said to be a potential first partner.
The company was first to sign on to sell programming on iTunes, and Apple CEO Steve Jobs is Disney’s largest single shareholder.
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(All Things D)
This will be the death to Cable television. I’ll cancel my Comca*t subscription tomorrow if I could get the same channels from itunes with an updated AppleTV. The local channels are in HD for free already. Cable is a 20th century idea just like the 15 mpg SUV.