Netflix expects Apple's TV shows to stream via iTunes, now considers it a major competitor
Unlike Netflix, however, whose stratospheric rise is fueled by copious amounts of debt (so far $20 billion and counting), Apple will apparently take a more measured approach, earmarking "just" a billion for testing the original content streaming waters. That's not to say that the team from Cupertino is not ambitious, though - Eddy Cue is on record saying that they want to acquire or produce shows on the level of Game of Thrones, and, knowing Apple's money, they could very well do so. For comparison, HBO spent two billion on original programming last year, and Apple could easily double or triple the amount invested if the shoe fits.
Still, Netflix is way ahead with $6 billion spent on own shows and content last year, though there is a lot of fluff in it, while Apple usually takes a more targeted approach when it comes to quality, regardless of what one might think about shows like Planet of the Apps. On the other hand, subscribing to Netflix or HBO Go via the App Store nets Apple 15% each time, so it has to be careful not to antagonize those streamers too much, now that its revenue from various digital services is skyrocketing, compared to hardware sales. Apple recently poached two execs from Sony Entertainment, too, so it finally seems bent on building a proper media empire, and Netflix is taking note.
Go behind the scenes in this exclusive look at the powerful new medical drama.— iTunes (@iTunes) 23 януари 2018 г.
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