Apple will $4.2 billion per year on original video content by 2022, according to a recent report, citing Loup Ventures analyst Gene Munster.
The sum is a massive increase on the rumored $1 billion “war chest” that Apple will spend in 2018, although it will still trail behind Netflix and Amazon when it comes to their respective video budgets.
As part of CCS Insight’s predictions for 2018, analysts for the firm suggest that Apple will launch a video subscription service, designed to compete with Netflix.
“Everyone is jostling for position and everyone is jumping in on the area of video. When you look at Apple, it has a very strong hardware offering and their services business is on the march,” Paolo Pescatore, vice president of multiplay and media at CCS Insight, told CNBC.
Apple plans to use Toronto rapper Drake to dominate an all-new domain: original video.
In a new interview, Drake revealed that he has several video projects in the works with both Apple and Netflix that he plans to tackle over the next year while taking a break from music.
Apple wants to create a hit TV show that’s as popular as Game of Thrones only without all the nudity and violence.
According to a new report, Hollywood talent pitching Apple’s TV team has been informed that the company wants to make original shows that are suitable for all audiences so they can be played at Apple stores.
Apple is set to make its biggest push into original content yet by inking a deal with one of the biggest directors in Hollywood history.
Steven Spielberg and Apple reportedly will create new episodes of Amazing Stories. The science fiction anthology series originally ran in the 1980s on NBC, but will be relaunched with all-new episodes.
Ahead of season two of its Stranger Things hit series, Netflix has released a new RPG-style Stranger Things game, available now on iPhone and iPad.
Check out its pleasingly retro trailer below.
Apple TV has finally caught up with the 4K revolution.
It may be late to the game, but Apple’s newest set-top box pulls out all the stops to be the best on the field. It’s packing incredibly powerful new hardware that leaves competitors in the dust, and a much-improved tvOS platform that is years ahead of its rivals.
It may seem pricey starting at $179, but with amazingly sharp videos and great apps and games all rolled into one, Apple TV 4K is well worth the upgrade.
Netflix needs no introduction. It’s one of the few services that everybody gets use out of, with movies and TV shows for anyone’s tastes. Basically, Netflix is a utility provider for home entertainment. And when was the last time you got five years of free utilities?
Well we can’t offer you a break on your gas bill, but here’s a chance to win five years of premium Netflix subscription for free.
Hollywood is racing to do business with Apple in hopes to help the iPhone-maker create its first breakout TV series and movies.
Apple’s LA-based TV execs, Zack Van Amburg and Jamie Erlicht, have been lining up meetings with some of the top names in town, according to a new report that sheds some light on the company’s TV strategy. Everyone from Jennifer Aniston to Steven Spielberg has pitched the duo. But in true Apple fashion, they’re being very picky about what they say yes to.
Apple is reportedly battling with Netflix over the rights to a new original drama series starring Jennifer Aniston and Reese Witherspoon.
The show is based around the workings of a morning television TV chat show, possibly (hopefully!) suggesting something similar to Aaron Sorkin’s The Newsroom or Sports Night.
The gap between Apple TV and Roku continues to widen — only not in Apple’s favor.
According to the latest research data, Apple TV is getting absolutely dominated in the streaming set-top box race. As top rival Roku inches closer toward taking over half the market, Apple TV still struggles to crack into the top three streamers. And the future isn’t looking too bright.
Apple may be planning to spend a massive $1 billion on acquiring and producing original video content in 2018, but according to Netflix Chief Content Officer Ted Sarandos, Netflix’s 2018 spend will dwarf Apple’s — with plans to shell out enormous $7 billion on content in the next year.
This coming Tuesday Apple is set to debut its newest original TV show Carpool Karaoke: The Series, but with Planet of the Apps being such a dud, some of us at Cult of Mac are questioning whether Apple has anything to gain by making mediocre TV shows.
During Apple’s Q3 earnings call this week, Tim Cook said Apple will continue to explore original content for Apple Music. Can Apple actually make great TV shows, or is it losing focus on what’s more important?
Join us in this week’s Friday Night Fight as we discuss Apple’s media ambitions:
With the explosion of content over the last few years, cord cutting is sweeping the country. In comparison to wired alternatives, digital options cost less but offer just as much content — along with a few bonuses.
We’ve got a bundle that’s loaded for the cable-weary. And right now, you can get a year of the Ultimate Cord Cutting Kit Subscriptions for just $19.99.
A Citibank analyst says Apple is sitting on so much cash, a likely change in tax code could see Cupertino use its “Merger and Acquisition firepower.” The most likely target would be Netflix.
Citibank puts the odds of a Netflix buyout at 40 percent, according to analyst Jim Suva in a note to clients titled Addressing the Problem of Too Much Cash.
Apple’s second quarterly earnings report of 2017 will likely reveal the company now has over a quarter of a trillion dollars of cash stashed in the bank.
The iPhone-maker has so much cash its reserves exceed the foreign-currency reserves of the U.K. and Canada combined. During the last quarter of 2017, Apple’s money-making machine was earning $3.6 million per hour.
iOS 11 will deliver a new Music app with a focus on original videos, according to Jimmy Iovine. The Apple Music chief says the service could add many as 10 original video series by the end of this year, including Carpool Karaoke and will.i.am’s Planet of the Apps, while Apple is also in talks to secure content from J.J. Abrams and R. Kelly.
Binging your favorite TV shows on Netflix is about to get a lot better and a lot worse at the same time.
Netflix revealed that it plans to roll out two new features that will change the way you watch and review shows. Get ready to say goodbye to opening credits and five star reviews.
When it comes to buying apps, iPhone users aren’t afraid to bust out their wallets for good software.
Spending on iOS apps increased during 2016, according to the latest data from app analytics firm SensorTower which claims the average iPhone user spends $27 a year just on games.
Between our computers, phones and TVs, there’s almost too much screen to fill. Right now in the Cult of Mac Store, we’ve got a pair of deals that will bring more content than you’ll know what to do with.
SelectTV offers an unmatched library of TV, movies, radio stations and more. Getflix unlocks the vast seas of streaming video. Snag these deals and you’ll never want for something to watch again.
The way Mac users get apps is about to become a lot more like Netflix, thanks to a service launching today called Setapp.
Created by the folks at MacPaw, Setapp is a new app subscription service that provides Mac users with an alternative way to try and buy apps instead of going through the Mac App Store.
Its not filled with loads of crap either. Top apps like Ulysses, Blogo, CleanMyMac, iMazing, Pixa, Polarr and Flume are all included. Instead of buying apps individually though, Setapp lets users pay a flat fee for access to hundreds of popular apps.
Netflix makes some darn good drama shows, but it’s the company’s forthcoming documentary series that really has us interested. Called Abstract: The Art of Design, it’s an 8-part series about visionary designers, set to arrive on February 10.
Despite not featuring Apple (at least, based on what we’ve seen in the trailer), it certainly looks the kind of factual programming that would be of interest to Cult of Mac readers.
Check out the trailer below.
Hulu has promised it will give subscribers a new live streaming bundle and the ability to download content for offline viewing “in a few months.”
Many of the company’s biggest competitors already offer an offline viewing feature, with Netflix the latest to join the party back in November. Hulu CEO Mike Hopkins assures fans that his team is “working hard” on it.
If you thought Black Mirror had the market cornered on stories about the dark side of technology, you’d better think again!
Netflix just released the official trailer for a new movie called iBoy and, as its name implies, there’s a certain tech connection. Check it out below:
Move over The Crown and Stranger Things! Apple is planning to enter the original TV shows and movies market, according to a new report.
The Wall Street Journal claims Apple has been in talks with “veteran producers” over the past few months about buying the rights to existing shows, and has also told them that it has plans to create its own programming — although those efforts are still in the early stages.