Business

In the streamings war, Apple buys older shows for TV+

The big tech aims to build a back catalog of content to tackle the huge libraries available on Netflix, Hulu and Disney+

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  • People familiar with the matter told Bloomberg that Apple’s video-programming executives have taken pitches from Hollywood studios;
  • Netflix’s customers are reporting fewer service problems than those of rivals.

Apple is acquiring older movies and shows for its TV+ streaming service, according to Bloomberg. The big tech aims to build a back catalog of content to tackle the huge libraries available on Netflix, Hulu, and Disney+.

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People familiar with the matter told the media outlet that Apple’s video-programming executives have taken pitches from Hollywood studios about licensing older content for TV+ and have bought some shows and movies.

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However, in the streamings war, when it comes to catalogue and service, Netflix seems to be winning, since its customers are reporting fewer service problems than those of rivals, according to a new survey by J.D Power fund reported by Bloomberg.