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Apple's New Video Streaming and News Subscription Services Won't Be Cheap

25 March, 2019, 13:40 | Author: Vicki Mclaughlin
  • It s show time apple event

And then there is the new news subscription service that will also apparently cost $9.99 a month, giving users access to up to 200 magazines, including The Wall Street Journal. However, the complete details will only be known at the Apple Event on March 25th.

Sources previously told Reuters that the company is targeting April for the launch of a streaming television service that will likely include subscription TV service.

Apple is getting ready for its special Monday event where it is expected to unveil two new services. Apple is also expected to include an update to its Wallet app in iOS 12.2. The battery issues are the major concern for the tech giant now owing to the slowing down of the handsets and thus, there is an immediate requirement of clearing the controversial battery issue and find a replacement as soon as possible. But Hastings is not anxious about them: when asked, he simply replied that competition is always good; not just for Netflix, but for users and content makers as well. Disney now owns 60 percent of Hulu following a deal with 21st Century Fox, with Comcast's NBCUniversal holding 30 percent and AT&T's WarnerMedia 10 percent. Some reports suggest that Apple is planning to integrate third-party subscriptions directly into the TV app including Starz, Showtime, CBS, Viacom, HBO and more.

Apple CEO Tim Cook plans to announce video-and news-subscription services that could open a new annual revenue stream that will deepen ties between iPhone users and the company.

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The move into these new categories is a huge moment for the company and as United States analyst Dan Ives told Bloomberg, the stakes are high. The new Apple AirPods is powered by the new H1 chip which offers faster wireless connectivity and better battery life.

Ives believes the new streaming service will launch this fall, with some pre-existing movies and shows, as well as some original content. It may be vulnerable, according to analysts, if it loses access to these shows since it does not have other revenue from services or products to subsidize its streaming. Its beta version will roll out in the fourth quarter of 2019. The service will host a variety of content from its own library.

It's not a genuine livestream, of course, but Apple should be given props for making it look like one. It has produced award-winning films, like Roma.

It could be that the company will work with other companies, instead of competing against them.

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