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'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

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Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
TechApple

Why the Apple TV rumors are more believable this time

By
Christina Austin
Christina Austin
and
Victor Luckerson
Victor Luckerson
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By
Christina Austin
Christina Austin
and
Victor Luckerson
Victor Luckerson
Down Arrow Button Icon
February 5, 2015, 6:00 PM ET
Steve Jobs, chief executive officer of A
Steve Jobs, chief executive officer of Apple Inc., announces the release of new upgrades in the iPod Nano, iPod Shuffle, iPod Touch, and iTunes at a press conference in San Francisco, California, on Wednesday, September 1, 2010. Jobs also announced the release of the new iTV which replaces the larger, more expensive Apple TV. AFP PHOTO/RYAN ANSON (Photo credit should read Ryan Anson/AFP/Getty Images)Photograph by Ryan Anson — AFP/Getty Images

This post is in partnership with Time. The article below was originally published at Time.com.

Another year, another rumor that Apple (AAPL) is planning to enter the pay-TV business.

This time the report comes from Re/code, which says that the company is in early talks with network owners about launching a new TV service that would be delivered via the Internet. Apple would continue to sell channels in bundles, as they’ve always been sold on regular TV, but it might offer a smaller bundle than the traditional cable TV package.

Media outlets have been speculating about a potential Apple pay-TV service since before the iPad was even around. The most recent iteration of the rumor said that Apple was going to partner with Time Warner Cable (TWC) on a TV-streaming box. Now Apple is apparently planning to work directly with network owners instead.

There is at least one reason to give more credence to this long-running rumor now than in years past. Before, the idea of media companies allowing live streams of their programming to be watched online (outside of “TV Everywhere” apps that make you prove you’re a cable subscriber) was basically unthinkable. But in the last six months, HBO, CBS “CBS”] , and Nickelodeon have announced plans for streaming networks outside the traditional cable bundle, and Sony (SNE) and Dish Network (DISH) are offering variants on the traditional bundle distributed via the Web. Now that others have cracked pay-TV’s walled garden, maybe Apple will feel it’s time to smash the wall completely.

Watch more of the latest news about Apple from Fortune’s video team:

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