Sunday, April 12, 2015

Viacom Reportedly In Talks To Launch Channels On Apple's Rumored Subscription TV Service

The Wall Street Journal recently reported that Viacom Inc. (NASDAQ: VIAB, VIA), the parent company of the Nickelodeon brand, is in talks with Apple to bring to its bouquet of cable channels, including Nickelodeon, to Apple's rumored subscription TV service!


Apple is working on a Web-based subscription TV service that would stream channels to customers, the Wall Street Journal reported. The service is expected to feature about 25 channels in total at launch, ABC, CBS, and Fox. It's believed that Apple will announce the service, similar to Dish's Sling TV and Sony's PlayStation Vue, in June 2015 ahead of a Fall launch, and that it could cost between $25 and $40 per month for streaming on all devices running Apple's iOS operating system, including the Apple TV set-top box and iPad.

Nickelodeon recently launched Noggin, a new mobile subscription service for preschoolers which features an abundant volume of long- and short-form content for preschoolers, with additional content added regularly. Available on the App Store for iPhone, iPad and iPod touch, the paid service is ad-free and offered for $5.99 a month.

Additional sources: CNET, iLounge News, TIME.
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