Apple's TV streaming service is expected to launch later this year, but the company still hasn't announced plans to unleash a cable competitor. Now we have confirmation thanks to CBS CEO Les Moonves.

Speaking during Re/code's Code Conference on Wednesday, Moonves said CBS is interested in teaming up with Apple for the new service. "We're very excited about it," he said, adding that the network is in an "ongoing conversation" with Cupertino and met with Eddy Cue last week.

Moonves also confirmed that Apple is planning a "skinny bundle" similar to Sling TV. However, the specific deals are clearly still being worked out, and the main issue holding things up is apparently "money." 9to5Mac points out that Apple and CBS have been negotiating this plan since at least 2012, when Moonves described a similar plan hatched by Steve Jobs.

Apple's service is expected to offer a handpicked selection of around 25 channels, including ABC, CBS, ESPN, Fox and FX. One recent report also claimed the company wants to offer local news and programming as well, which is apparently holding up plans to launch in 2015.

It sounds like Apple still need to finalize deals with the major networks, though it sounds like CBS is close to signing on at this point.