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Apple TV+ is losing $1B+ annually even as its subscriptions grew to ~45M in 2024; Apple has spent $5B+ per year on content since its 2019 debut. (www.rte.ie)
submitted 2 weeks ago* (last edited 2 weeks ago) by Tea@programming.dev to c/technology@lemmy.world
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Apple is losing more than $1 billion a year on its streaming service Apple TV+, the Information reported today, citing two people familiar with the matter.

Apple has spent more than $5 billion a year on content since launching Apple TV+ in 2019 but trimmed that budget by around $500 million last year, the report said.

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[-] Graves396@lemmy.world 1 points 2 weeks ago

Interesting

this post was submitted on 20 Mar 2025
45 points (100.0% liked)

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