{"id":264129,"date":"2025-03-22T00:24:07","date_gmt":"2025-03-22T00:24:07","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/03\/22\/apple-losing-over-1-billion-a-year-on-apple-tv-streaming-service-report\/"},"modified":"2025-03-22T00:24:08","modified_gmt":"2025-03-22T00:24:08","slug":"apple-losing-over-1-billion-a-year-on-apple-tv-streaming-service-report","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/03\/22\/apple-losing-over-1-billion-a-year-on-apple-tv-streaming-service-report\/","title":{"rendered":"Apple Losing Over $1 Billion a Year on Apple TV+ Streaming Service: Report"},"content":{"rendered":"
\"Apple<\/div>


\n<\/p>\n

\n

Apple is losing more than $1 billion (roughly Rs.\u00a08,604 crore) a year on its streaming service, the Information reported on Thursday, citing two people familiar with the matter.<\/p>\n

The tech giant has spent more than $5 billion (roughly Rs.\u00a043,020 crore) a year on content since launching Apple TV+ in 2019 but trimmed it by around $500 million (roughly Rs.\u00a04,302 crore) last year, the report said.<\/p>\n

Apple<\/a> did not immediately respond to a Reuters request for comment.<\/p>\n

Apple TV+<\/a>, known for original shows such as “Ted Lasso”, “The Morning Show”, “Shrinking”, and “Severance”, has lagged behind rivals Netflix<\/a>, Disney+<\/a> and Amazon.com’s Prime Video<\/a> in terms of subscribers.<\/p>\n

Industry leader Netflix had a total subscriber count of 301.63 million, according to the latest data, while Disney+ had 124.6 million users followed by Warner Bros Discovery at 116.9 million.<\/p>\n

The iPhone<\/a> maker does not break down the subscribers for Apple TV<\/a>+ but it is estimated to have reached 40.4 million at the end of 2024, according to five analysts polled by Visible Alpha.<\/p>\n

Apple TV+ productions have earned more than 2,500 nominations and 538 wins, CEO Tim Cook<\/a> said in a post earnings call in January.<\/p>\n

As competition heats up in the streaming industry, media companies are increasingly bundling their services at discounted rates to appeal to price-conscious consumers.<\/p>\n

Apple TV+ is part of a bundle offered by Comcast that combines the service with Peacock and Netflix at $15 (roughly Rs. 1,290) per month. Apple TV+ costs $9.99 (roughly Rs. 860) per month in the US when bought separately.<\/p>\n

The Cupertino, California-based company also bundles Apple TV+ with services such as iCloud<\/a>, Apple Music<\/a>, and others under the Apple One program.<\/p>\n

\u00a9 Thomson Reuters 2025<\/em><\/p>\n

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)<\/i><\/p>\n<\/div>\n


\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Apple is losing more than $1 billion (roughly Rs.\u00a08,604 crore) a year on its streaming service, the Information reported on Thursday, citing two people familiar with the matter. The tech giant has spent more than $5 billion (roughly Rs.\u00a043,020 crore) a year on content since launching Apple TV+ in 2019 but trimmed it by around […]<\/p>\n","protected":false},"author":2,"featured_media":264130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/i.gadgets360cdn.com\/large\/apple_tv_plus_apps_apple_1717064992230.jpg","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[50545,828,20306,37335,203317,1289,7717,1782,2611,11187,61,5807,1768,568],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/264129"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=264129"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/264129\/revisions"}],"predecessor-version":[{"id":264131,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/264129\/revisions\/264131"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/264130"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=264129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=264129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=264129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}