WSJ: Apple, Comcast in talks about TV-streaming service

|About: Apple Inc. (AAPL)|By:, SA News Editor

Apple (AAPL) and Comcast (CMCSA) are in discussions about a service that would enable users to stream live and/or on-demand TV, and digital-video recordings stored in the cloud, the WSJ reports.

The service would use an Apple set-top box and get special treatment over the "last mile" on Comcast's network so that downloads would be faster. The latter would have to make significant investments to provide the level of service that Apple is seeking.

News of the talks follow a report that Apple is in negotiations with record labels about launching a Spotify-like music streaming subscription service.