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Apple pivots to services with video, news offerings

Updated: March 26th, 2019, 12:45 IST
in Business
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Apple chief executive Tim Cook speaks Monday at the event to mark the launch of new services

Apple chief executive Tim Cook speaks Monday at the event to mark the launch of new services

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Cupertino (US): Apple unveiled Monday a star-packed original video service along with a subscription plan for magazines and newspapers as part of a new strategic move for the iPhone maker.

The US tech giant, aiming to emphasise digital content and services to make up for a slump in smartphone sales, also announced ‘Apple Arcade’, a game subscription service for mobile and other devices.

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Director Steven Spielberg, TV host Oprah Winfrey and stars like Jennifer Aniston, Reese Witherspoon and Steve Carrell made appearances at the event, which puts Apple in competition with ‘Netflix’, ‘Google’, ‘Amazon’ and others in various segments.

The Apple TV+ service – an on-demand, ad-free subscription service launching this year in 100 countries – will compete with services such as ‘Netflix’ and ‘Hulu’ with Apple investing heavily in its own content, while upgrading its TV application for third-party services.

“We believe deeply in the power of creativity,” Apple chief executive Tim Cook said at the event at the Apple headquarters here, without revealing key details.

“Great stories can change the world. We feel we can contribute something important to our culture and to our society through great storytelling,” Cook added.

Meanwhile a new Apple News+ service at a cost of $9.99 per month will include the ‘Los Angeles Times’ and ‘Wall Street Journal’, digital news sites and more than 300 magazine titles including ‘Rolling Stone’, ‘Time’, ‘Wired’ and ‘The New Yorker’. “We think Apple News+ will be great for customers and great for publishers,” Cook informed.

Apple News+ was launched Monday in the US and Canada in English and French and will be available later this year in Britain and Australia, the company said.

Separately the company said it was launching a new game subscription service called ‘Apple Arcade’ later this year with at least 100 titles at launch. The game service will be available in 150 countries, with pricing to be announced later.

AFP

Tags: AppleApple News+iPhone
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