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Apple Puts Live TV Service ‘On Hold’, CBS CEO Moonves Says

  • Network chief sees `skinny bundle' gaining favor with viewers
  • Tech giant is expected to move ahead with television efforts

Apple Inc. has pressed pause on its planned live TV service, CBS Corp. Chief Executive Officer Les Moonves said Tuesday.

“They’ve had conversations on it and I think they pressed the hold button,” Moonves said at the Business Insider Ignition conference in New York. “They were looking for a service.”