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Apple Adds Content to TV+

The race for content continues. I bet the studios who own old but popular shows cannot believe their luck that these shows are still making money. Apple Buys Older Shows for TV+. Stepping Up Netflix Challenge. According to the article from Bloomberg, TV + has around 10 million subscribers but only half are regular users.

Apple needs to step it up if they want to seriously challenge Netflix and Disney + (who has over 50 million subscribers already); I agree that some old popular shows will help. People love rewatching these classics.

Apple is such a big, profitable business that a smaller venture like this failing has no real risk to the company, but if they achieve scale it could be a big profit driver. The risk/reward ratio for the streaming business is in their favour.

On a separate note, I was very happy to see Once Upon a Time in Hollywood on Netflix in SA. Having a non-original, big blockbusters makes the Netflix product even better. The movie is a Sony Pictures production.


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