TELETRADER News
3/21, 6:10 PM (Source: TeleTrader)
more TeleTrader news

Apple+0.34%

203.88
Chart for: Apple Inc.

Apple may offer priced bundle video services - report

Apple Inc. may offer the subscribers of its video streaming service the ability to sign up separately to some other streaming channels at favorable prices, the Information reported on Thursday.

The tech giant, which reportedly negotiated the right to bundle other streaming services, may offer its consumers the packages at a discounted price, people close to the matter told the media outlet.

The video service will be unveiled at the event on March 25 in Cupertino, California and is expected to launch sometime later in the spring. It should include around 15 streaming channels available for subscription, such as Showtime, Starz and Cheddar. Netflix and Hulu have decided against joining Apple's service, while HBO is still in negotiations.

Breaking the News / MD