Apple's streaming video service might finally arrive in April

Posted February 14, 2019

According to the website, Apple will be announcing all three products at the aforementioned date, though it should be noted that the technology giant was reported on several occasions to unveil the AirPods 2 during the month of March. The service, which some have described as similar to a "Netflix for news", would reportedly have Apple keeping around half of the revenue brought in by subscriptions, with the remaining revenue being split up and distributed to publishers based on content engagement.

According to a new report from CNBC, Apple's burgeoning TV initiative will likely see the light of day by April at the earliest or in early May at the absolute latest.

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Apple is holding an event on March 25 that is believed to be the day when the new news service will officially debut.

Apple also reportedly wants outlets to commit to supplying news for at least a year, which has also faced resistant from publishers who would prefer a shorter commitment. Corroborating previous reports about Apple's TV plans, the report claims that Apple's original content will be available for free for iOS users and will also enable users to seamlessly sign up for streaming packages from other content creators. The New York Times and Washington Post are two of the big names objecting to Apple's terms. Apple also now gets to boast about their efforts to help the field of journalism, as the company's vice president Eddy Cue said when they acquired the subscription news app Texture a year ago. In other words, that could include original Apple video content and news, along with Apple Music and iCloud storage tiers, all for one monthly fee.

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"The news service is not moving the needle for Apple bulls but it speaks to a strategic shift within Cupertino to focus on services separate than hardware releases".

BuzzFeed News says that Apple declined to comment on the report. Since it comes pre-installed on all Apple devices, it has become one of the most popular news services on the market.

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