Microsoft’s web TV plans on hold

Microsoft has put its proposed online subscription video platform on hold, according to news agency Reuters.

Microsoft is understood to have concerns about the cost of licensing content having concluded talks with a number of potential programming partners. It was hoping to offer current shows and live channels.

The company has recently turned its focus to Xbox Live, the online portal of its gaming platform. It has signed over 40 global content partners including the BBC, Lovefilm and Netflix.

Tags: Microsoft

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