New Apple Video Streaming Service On ICloud To Take On Netflix?

Posted: Aug 3 2011, 9:36am CDT | by , in Rumors | Apple

New Apple Video Streaming Service on iCloud to take on Netflix?

Analyst says Apple has already deals in place to offer a streaming video service.

I so hope that this is true. According to Business Insider, analyst Peter Misek of Jefferies says that Apple has already the deals in place with the movie studios and TV networks to offer a video streaming service on iCloud. The service would be similar to what Netflix and others offer with their subscription based video services. In my mind Apple needs to absolutely do this to take iTunes to the next level in the movie and TV show segment.

iTunes works fine for music, but using it for movies and TV shows is disappointing. The offering is segmented, not complete and often very costly. For instance if you would want to watch RIO The Movie now on iTunes you have to buy it for $14.99. That is just lame. A robust subscription based streaming service that include all relevant movies and TV shows is what is needed.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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