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Apple’s internet TV service said to be on hold

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Apple has "pressed the hold button" on its live television service, in the words of CBS president Les Moonves. The broadcasting executive spoke today at Business Insider's Ignition conference in New York, saying Apple was "looking for a service" but ultimately decided to put it on the back burner. Apple hoped to unveil a streaming TV service next year — if not sooner — but pricing disputes for content deals were to said to have continually pushed it back. Now, Moonves seems to suggests it may no longer be an immediate priority.

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