Apple’s TV streaming service is on pause, says CBS exec

Apple TV viewers looking to join the cord-cutting club could be waiting longer than anticipated. On Tuesday, the CEO of CBS, Les Moonves, said that Apple has hit the pause button on development of its live TV streaming service. Moonves previously said that CBS would “probably” be a part of such service.

“They’ve had conversations on it, and I think they pressed the hold button,” Moonves said during a conference hosted by Business Insider in New York City. Apple’s subscription service would reportedly allow viewers to select and pay for a mini-bundle of network and cable channels. These channels would then be live-streamed via the Apple TV set-top.

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