Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

HBO in talks with Apple, Google to launch streaming service: reports

Published 03/04/2015, 09:49 PM
Updated 03/04/2015, 09:49 PM
© Reuters. The Apple logo is pictured on the front of a retail store in the Marina neighborhood in San Francisco

(Reuters) - HBO network is in talks with Apple Inc (NASDAQ:AAPL), Google Inc (NASDAQ:GOOGL) and some other companies to be its launch partner for the highly anticipated HBO Now video streaming service, according to two media reports.

The service's retail price is expected to be $15 a month and will launch next month, timed to the season premier of HBO's blockbuster series "Game of Thrones," the International Business Times reported, citing sources familiar with the matter.

HBO, ramping up plans for an a-la-carte version of its premium channel, is in talks with at least five companies including Apple and Google to distribute the Web-only service, Bloomberg reported, citing people familiar with the matter.

TiVo (NASDAQ:TIVO) Inc, which makes digital video recorders, is in discussions with HBO about distributing the service, Chief Executive Tom Rogers told Bloomberg.

"We know there's great anticipation around our standalone streaming service," an HBO spokesman said in a statement. "And when we have details to share, we will do so."

Representatives from Apple and Google did not immediately respond to emailed requests for comment.

Time Warner Inc (NYSE:TWX), which owns the HBO pay-TV service, announced the video streaming service in October in order to hold onto or attract subscribers who are ditching pricey cable television subscriptions.

HBO Now will give consumers direct access to HBO with only a broadband connection.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.