this post was submitted on 20 Mar 2025
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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 21 hours ago* (last edited 21 hours 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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[โ€“] aldfin@lemm.ee 17 points 20 hours ago (1 children)

Apple TV+ is a great service, good app interface and some decent series there too. Too bad I had to get rid of it due to the current US administration and their policies. Apart from the default apps I switched everything to European and/or non-profit open source alternatives, which was surprisingly easy.

[โ€“] tleb@lemmy.ca 2 points 18 hours ago

good app interface

Maybe it's because I don't use any other Apple products, but I struggle with its interface