Business

In the streamings war, Apple buys older shows for TV+

The big tech aims to build a back catalog of content to tackle the huge libraries available on Netflix, Hulu and Disney+

LABS

20.May.2020 14:18 BRT

People familiar with the matter told Bloomberg that Apple’s video-programming executives have taken pitches from Hollywood studios;
Netflix’s customers are reporting fewer service problems than those of rivals.

Apple is acquiring older movies and shows for its TV+ streaming service, according to Bloomberg. The big tech aims to build a back catalog of content to tackle the huge libraries available on Netflix, Hulu, and Disney+.

People familiar with the matter told the media outlet that Apple’s video-programming executives have taken pitches from Hollywood studios about licensing older content for TV+ and have bought some shows and movies.

However, in the streamings war, when it comes to catalogue and service, Netflix seems to be winning, since its customers are reporting fewer service problems than those of rivals, according to a new survey by J.D Power fund reported by Bloomberg.

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