Steve Carell, Reese Witherspoon Jennifer Aniston communicate on the Apple Spring Occasion on March 25th, 2019.

Supply: Apple

Apple has dedicated to spend greater than $6 billion on unique TV exhibits and films for its forthcoming Apple TV+ service, in response to a Financial Times report on Monday.

Apple beforehand mentioned to count on its streaming service specializing in unique content material to launch within the fall, and the report says that Apple is trying to flip its service reside within the subsequent two months, earlier than Disney+ launches on November 12.

The report emphasizes Apple’s willingness to spend deeply to create sufficient unique content material to interrupt right into a aggressive over-the-top streaming service market that may ultimately embrace Netflix, Disney, NBCUniversal, and Amazon as opponents.

Apple additionally sells Apple TV Channels, a associated however separate product that allows customers to individually subscribe to providers like HBO and Showtime and bundles all of them collectively in its TV app.

Apple revealed TV+ throughout a star-studded occasion this March on its campus in Cupertino, California, confirming not less than seven sequence for the service, together with exhibits produced by Steven Spielberg and Oprah Winfrey. Nonetheless, no launch date or value for the service has been disclosed by Apple.

Apple is contemplating $9.99 a month for TV+, three {dollars} greater than Disney+, in accordance to a report from Bloomberg.

On Monday, Apple launched a trailer for “The Morning Present,” a drama that may air on Apple’s streaming service. Apple paid extra per episode for the Jennifer Aniston and Reese Witherspoon present than “Sport of Thrones” price in its last season, in response to the report.

Variety previously reported that episodes within the final season Sport of Thrones price $15 million every.

Apple did not instantly return a request for remark.

Read the original FT article here.



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