Apple TV+, Apple’s streaming service, would cause serious money losses for the company. According to information from the website InformationApple is losing more than $ 1 billion per year in this sector.
The technology giant has spent more than $ 5 billion a year for the contents from the launch of Apple TV+ in 2019, with the launch of some exceptional original productions.
In the Apple TV+ catalog there are some successful series, such as “Ted Lasso”, “The Morning Show”, “Shrinking” and “Ruptura”. However, the service is still behind the main competitors, Netflix, Disney+ and Amazon Prime Video, in terms of subscribers.
Apple TV+ has much less subscribers than their competitors
As competition is hot in the streaming sector, media companies are increasingly grouping their services with discount rates to attract consumers interested in the price.
In Brazil, currently, Apple’s streaming costs $ 21.90 per month. Cupertino -Based, California, also groups Apple TV+ with services such as Icloud, Apple Music and others on the Apple One program.
The Apple post loses $ 1 billion per year with this service appeared for the first time in digital look.
Source: Olhar Digital
Rose James is a Gossipify movie and series reviewer known for her in-depth analysis and unique perspective on the latest releases. With a background in film studies, she provides engaging and informative reviews, and keeps readers up to date with industry trends and emerging talents.
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