r/movies • u/MarvelsGrantMan136 r/Movies contributor • 16d ago

News Apple Losing Over $1 Billion a Year on Streaming Service

https://www.reuters.com/technology/apple-losing-over-1-billion-year-streaming-service-information-reports-2025-03-20/
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u/youreblockingmyshot 16d ago

Yea they aren’t some new company that is inhaling VC money to disrupt. They can easily fund this kind of loss forever if they wanted and not take much notice. Realistically they’re building their catalog of shows and movies and will increase price for access later, that or they will decrease the release of new material once they have a decent amount built up which will also drive down cost. Probably a combination of both in ~5 years.

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u/_Diskreet_ 16d ago

I’ve always said Apple could buy the entire rights to the Premier League, for shits and giggles and see if it gets them any more subscribers and if it doesn’t pay off just shrug and move onto the next thing.

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u/dunno260 16d ago

They probably could but I have to wonder what that money would be like.

The US Premier League rights go for $450 million a year and the sport still isn't that popular in the US.

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u/_Diskreet_ 16d ago

6 billion. I think that’s what this seasons rights were sold for amongst the broadcasters.

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u/upvotesthenrages 15d ago

In which region?

It's the worlds largest sport.

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u/Alex_GordonAMA 16d ago

Increase cost, decrease catalog is literally what every streaming platform has been doing. Just more of the same bullshit that hurts the consumer eventually.