Apple will invest more than four billion dollars in the production of video content - CYDIAPLUS.com

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Tuesday, 28 November 2017

Apple will invest more than four billion dollars in the production of video content



According to analyst Loup Ventures Gene Munster, Apple plans to spend more than four billion dollars until the year 2022 in the creation of video content.

This amount is added to the previous потраченному billion in the production of series that will come out in 2018.

Münster declares that by 2022 Amazon will spend eight billion dollars in the creation of original TV series and Netflix - seven billion. The budget of Apple looks a bit modest in the face of competition.

The report also states that the company plans to make a change of Apple Music brand in the next 2-3 years. An updated service purpose will be the most convenient one for the supply of video content. Apple has long invested in projects, such as Carpool Karaoke and Planet of the Apps, and it goes beyond the music of the world. Now the company will compete with slides and movies from Netflix, Amazon and Hulu.

Стриминговый music service Apple Music was launched in June 2015 and has been very active. Probably, in the future of the corporation, and in no way give up the sale of content through iTunes.

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