schwit1 sends word that Apple has reportedly suspended plans to offer a live internet-based television service and will focus on being a platform for media companies to sell directly to customers through its App Store instead. Bloomberg reports: "Apple Inc. has suspended plans to offer a live Internet-based television service and is instead focusing on being a platform for media companies to sell directly to customers through its App Store, according to a person with knowledge of the matter. While Apple isn't giving up entirely on releasing a live-TV service, its plan to sell a package of 14 or so channels for $30 to $40 a month has run into resistance from media companies that want more money for their programming, said the person, who asked not to be named discussing a prospective product."
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