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Apple could launch online TV service this year

Apple Inc (NASDAQ: AAPL) is in talks with programmers to offer a slimmed-down bundle of TV networks this fall, the Wall Street Journal reported, citing people familiar with the matter.

The service would have about 25 channels, anchored by broadcasters such as ABC, CBS and Fox, and be available across all devices powered by Apple's iOS operating system, including iPhones, iPads and Apple TV set-top boxes, the Journal said.

Apple has been talking to Walt Disney Co, CBS Corp , and Twenty-First Century Fox Inc and other media companies to offer a "skinny" bundle with well-known channels like CBS, ESPN and FX, leaving out the many smaller networks in the standard cable TV package, the Journal said.

The service is expected to be launched in September.

The talks do not involve NBCUniversal, owner of the NBC broadcast network and cable channels like USA and Bravo, because of a falling-out between Apple and NBCUniversal parent company Comcast Corp, the newspaper said.

Apple and Comcast were in early-stage discussions last year to offer a streaming-television service that would allow Apple set-top boxes to bypass congestion on the web.

Apple opened trading Tuesday up $1.39, or 1.1%, at $126.34 U.S., within a 52-week trading range of $73.05 to $133.60 U.S.