Report Apple S Original Content Spending Hits 6 Billion Apple Tv Launching Within Next 2 Months
Ahead of the launch of Apple TV+ this fall, a new report from The Financial Times offers new details on Apple’s investment in streaming media. According to the report, Apple’s spending for original TV shows and movies has spiked to over $6 billion. The report cites people familiar with the matter, and says that Apple’s ballooning original content budget is part of its efforts to keep up with Netflix, HBO, and Disney....