March 25 Apple event: Netflix-style streaming service, AirPods, iPad Mini and more

March 25 Apple event: Netflix-style streaming service, AirPods, iPad Mini and more

5 years ago
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https://www.cnet.com/news/apple-event-march-25-what-to-expect-video-streaming-subscription-news-airpods-ipads/

According to Bloomberg, Apple will finally unveil its video streaming and subscription magazine and news services at this event. It's no secret Apple has invested about $1 billion in creating original content for a Netflix-style streaming service with a library of at least 25 original shows ranging from dramas, comedies, docuseries and kids' programming. The company has reportedly invited some of the celebrities to the event from some of the series it's working on, including Reese Witherspoon, Jennifer Aniston, Jennifer Garner and director J.J. Abrams, to attend.

Apple's news service would also be a premium subscription plan on its current News app that would allow users to view content from different publishers. The New York Times, Washington Post and Wall Street Journal are just some of the major news outlets rumored to be in talks with Apple to be part of this service. But according to a Wall Street Journal report, publishers are hesitant to sign on because Apple would take 50 percent of the revenue from the service.