Apple prepares to unveil TV and news subscription services

Apple prepares to unveil TV and news subscription services

Apple prepares to unveil TV and news subscription services

Loyal Apple fans wouldn't want to miss this event. Apple's news and video services will all be talked but how much details of the technology put in will be disclosed is still a dicey topic. It will be similar to Netflix. Bloomberg reported today that Apple plans to appease these shareholders by revealing various subscription offerings related to news, television, and gaming during a March 25 keynote. In here, subscribers will pay a monthly fee to read premium content of various magazines and newspapers. People are looking to cut cable out of their monthly expenses because of the high price of cable compared to a video subscription service that can range $10-$40 per month. In the "Wall Street Journal" called it in on Monday night, per radio subscription will be $ 9.99 due. On Thursday, New York Times CEO Mark Thompson told Reuters that the media organization will likely not be involved. This concept can be appealing to some.

Which upcoming Apple service are you most excited about?

As one, the group made Video Streaming.

Apple is expected to take on streaming rivals like Netflix and Amazon as Hollywood giants Disney and WarnerMedia also move into the space.

Disney will have as much as 40% of U.S. box office receipts following its deal for the assets of 21st Century Fox combined with its own studio and ABC television programs, giving it a vast library that includes the "Star Wars" and Marvel superhero franchises. The streaming service will reportedly be available globally soon after the launch.

The move into these new categories is a huge moment for the company and as USA analyst Dan Ives told Bloomberg, the stakes are high.

Another company that will launch a streaming service this year is WarnerMedia. Digital ad revenue surpassed print ad revenue for the first time in the fourth quarter of 2018. It will have three levels. However, it will launch next year. Apple is expected to take 50 percent of the revenue.

Over the last couple of years, Apple has been grappling with slowdown in iPhone sales, especially in its key markets such as India and China. Reality shows like "Tidying Up with Marie Kondo", dramas such as "The Crown", Oscar winning films like "Roma", and franchises that have huge fan bases like "Stranger Things" have all helped Netflix change the way we watch TV and movies. Even an iOS-only gaming service is huge, too, considering how large the mobile gaming market has become.

"Apple is very late to this game", eMarketer analyst Paul Verna said.

Related news

[an error occurred while processing the directive]