Apple Could Launch Its Video Streaming Service Apple TV+ In November

Posted: Aug 19 2019, 9:12pm CDT | by , in Technology News

 

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Apple could launch video streaming service Apple TV+ in November
Photo by Apple

The service could cost $9.99 a month.

Apple is tipped to launch its Apple TV+ movie and TV subscription service by November, starting with a small number of titles before expanding its offerings over several months.

People familiar with the matter told Bloomberg News that Apple could offer an introductory free trial as the company works to build up its library of titles. The news outlet’s sources is estimating a monthly subscription fee of $9.99, matching Apple Music and Apple News+.

Apple TV+ will be part of Apple’s TV app, which is pre-installed on Apple’s range of devices including iPhones, iPads and Macbooks. The report said it could also arrive on third-party products, like Roku and Amazon Fire TV boxes, and Samsung TVs.

The move comes as the tech giant aims to record $50 billion in service sales by 2020. However, the company could face tough competition from current market leaders in the streaming subscription field, including Netflix and Amazon. Netflix and Amazon both charge as little as $8.99.

It also comes as Walt Disney, AT&T and NBCUniversal are all set to launch new offerings in the streaming space. Disney+ is looking to offer a monthly rate of $6.99 when it debuts in November.

In May, Apple unveiled its plans to launch its own video streaming service at an event in California that was attended by celebrities including Reese Witherspoon, Jennifer Aniston and Steve Carell. The three celebrities are expected to star at Apple TV+’s “The Morning Show.” Sourcse told Bloomberg that Apple has invested around $300 million alone to two seasons of the said show.

Bloomberg said Apple’s first titles under Apple TV+ will include “The Morning Show,” Steven Spielberg’s “Amazing Stories,” “See” with Jason Momoa, “Truth Be Told” with Octavia Spencer, as well as a documentary series about extravagant houses called “Home.”

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<a href="/latest_stories/all/all/81" rel="author">Mandy Jean</a>
Mandy covers the latest news in Tech and Business.

 

 

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