Apple expected to launch long-awaited video service

Author: 
AP
article author: 
ID: 
1553498041495298100
Mon, 2019-03-25 07:00

Apple is expected to announce Monday that it’s launching a video service that could compete with Netflix, Amazon and cable TV itself.

It’s a long-awaited attempt from the iPhone maker, several years after Netflix turned “binge watching” into a worldwide phenomenon.

The new video service is expected to have original TV shows and movies that reportedly cost Apple more than $1 billion — far less than Netflix and HBO spend every year.

Also expected is a subscription service consisting of news, entertainment and sports bundled from newspapers and magazines.

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