Apple to delay live TV service to next year: Bloomberg

1Apple Inc (AAPL.O) will delay its live TV service to at least next year, Bloomberg reported, citing people familiar with the iPhone maker's plans.
2The company had planned to introduce the service, which is delivered over the Internet, this year.
3Discussions with broadcasters such as CBS Corp (CBS.N) and Twenty-First Century Fox Inc (FOXA.O) to license programming are progressing slowly, and lack of content has led Apple to scrap plans to announce the service at a Sept.
49 event, Bloomberg said.
5Apple also lacked the computer network capacity to ensure a good viewing experience, Bloomberg said.
6The company still plans to introduce a more powerful version of its Apple TV set-top box at the event, which will be held in San Francisco.
7Apple was aiming to price the new service at about $30 to $40 a month, media reports have said.