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Apple Planning To Make Original TV Shows and Movies as Hardware Sales Soften (venturebeat.com)

Posted by msmash on from the money-power dept.

While investors seem to remain optimistic about the future of Apple, it's no secret that sales of its iconic hardware products have flatlined or fallen over the past year. From a report: We'll have to wait until January 31 to find out how the company performed over the critical holiday period. But for the moment, its most promising category of revenue has been "services," which includes things like Apple Music, and has been on a big winning streak over the past several quarters. Now it appears Apple is getting ready to make an even bigger bet in that category. According to a story just published by the Wall Street Journal, the company "has been in talks with veteran producers in recent months about buying rights to scripted television programs. It also has approached experienced marketing executives at studios and networks to discuss hiring them to promote its content." According to the story, the programming would be part of is Apple Music subscription ($6/month for an individual plan, $9 for a family plan.) The movie bit is deemed to be "more preliminary," according to the Journal.

3 of 130 comments (clear)

  1. Re:Yeah, I'm sure that'll be a success by scourfish · · Score: 5, Funny

    Each show will feature bearded hipsters from San Francisco, dialog about organic food, and indie music from pitchfork.

  2. Re:This is insane behavior. by avandesande · · Score: 5, Interesting

    Every indication points to the entertainment market being completely over-saturated. What makes Apple think they can do better than the existing studios?

    --
    love is just extroverted narcissism
  3. Re:This is insane behavior. by geekmux · · Score: 5, Insightful

    Every indication points to the entertainment market being completely over-saturated. What makes Apple think they can do better than the existing studios?

    Ever wonder if they said the exact same thing to Netflix a few years ago?

    The world is flattening, which is opening up markets companies never even dreamed of before, so perhaps we can stop with this whole "over-saturated" theory now. Sure seems to me damn near anyone can make a buck these days as long as you can avoid infringing on someone else's patents, trademarks, or copyrights. Original content is a rather common-sense approach to doing exactly that.