Apple's long-gestating TV service is getting closer and closer to taking off. Today at Code Conference, CBS CEO Les Moonves acknowledged that the service is happening — and that he met with Apple's Eddy Cue last week to discuss it — but wasn't certain on the release date for the service, saying only that the talks were part of an "ongoing conversation."

Although he was boorish on giving consumers so-called "skinny bundles," the deal isn't done: Moonves said only that CBS would "probably" be partnering with Apple on the service. When asked why negotiations haven't been finalized, he said, "Money." (If negotiations between Apple and CBS fall through, it wouldn't be the first time.)

The Wall Street Journal broke the latest news of the service in March, reporting that Apple was looking to create a service with about 25 channels after a falling out with Comcast, and planned on launching the service in June. Recode reported earlier this month that Apple was also looking to add live programming from local stations to the service.