Wednesday, June 21, 2017

After Spotify, Apple Takes On Netflix

What Apple wants, Apple takes. That is what’s happening in the tech world recently. A few years ago, Apple dipped its toe in the online music streaming industry when it introduced Apple Music. It took on Spotify head-to-head. Thanks to Apple’s millions of fans, the service is an ongoing success.

Image source:macworld.co.uk

Now, reports are coming in that Apple has $1 billion to spend on new TV shows. Apple is looking to take on Netflix’s streaming service. We’ve already seen evidence of Apple’s interest in the TV entertainment industry since its launch of the Apple TV. Fortunately for Netflix, the company isn’t a newbie when it comes to taking on competitors. The online streaming service market is actually full of competition right now -- you have Amazon, HBO, Hulu, and other companies that are making high-end internet-delivered video – and Netflix is managing to stay on top.

Image source:macworld.co.uk

It’s going to be interesting how Apple will go about its online streaming service (I just hope it won’t be as buggy as the Apple Music app). What is clear is that Apple is pushing to create its own original content, much like Netflix’s originals. With all the completion and market saturation going on in the TV streaming industry, there’s one sure winner here: the consumers.

Hi, my name’s Joe Cianciotto. I’m an architect living in San Francisco Bay Area. I’m a movie buff and a technophile. Follow me on Twitter to get the latest updates about gadgets and movies.