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March 28th, 2025

Did you know Apple TV+ Bleeding $1B Annually in Streaming Battle?

Did you know Apple TV+ Bleeding $1B Annually in Streaming Battle?
Apple is reportedly losing over $1 billion annually on its streaming service, Apple TV+, according to a report by The Information. Despite spending more than $5 billion yearly on content since launching in 2019, the company trimmed its budget by $500 million last year. Apple TV+ has struggled to keep up with competitors like Netflix, Disney+, and Amazon Prime Video, with only 40.4 million estimated subscribers at the end of 2024. Apple also bundles the service with other offerings like iCloud and Apple Music under the Apple One program, and partners with Comcast to offer discounted bundles. However, its subscriber count still lags behind U.S. streaming giants.

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