Apple is ready to reveal plans for its new features such as video streaming and news subscription products. The company will host top media and A-list celebrities on 25th March to outline how it will take on leading competitors such as Netflix and Amazon.com. Apple ready to expose a long-awaited video streaming service and news subscription
Sources previously told that the IPhone maker is aiming April for the launch of a streaming television service which will likely comprise subscription TV service. The company often reveals services and products in the weeks next an event.
Apple has long implied at an intended video service, spending 2 billion USD in Hollywood to produce their own content and signing some major stars like Oprah Winfrey. Sources familiar with the company told that the service could resell subscriptions from Viacom Inc., CBS Corp., and Lions Gate Entertainment Corporations.
The television service is likely to launch across the globe, an ambitious shift to competing services from Amazon’s prime video and Netflix Inc. Apple's App Store is currently accessible in near around 100 countries.
The possible sales from a TV service have become attention of investors after Apple previously stated that the first dip in iPhone sales throughout the major holiday shopping period and supposed it would lesser iPhone prices in some major markets to account for the rates of foreign exchange.
The company is also in discussions with Home Box Office (HBO), part of AT&T Inc. to become a share of the service.
While Apple might be updating its Apple TV devices and iPads later this month. This event is expected to be Apple’s first key media event, where hardware will not be the primary focus, reported Ben Bajarin.
That is a big move for the company, which earlier this year shifted to make Apple Music services with smart speakers from competitors like Amazon.