“Apple Cuts $500M As Streaming Loses $1B”

Apple TV+ may have big shows like Severance, Ted Lasso, and The Morning Show, but the platform is still losing a lot of money. A new report says Apple is losing up to $1 billion every year from its streaming service.

Since launching Apple TV+ in 2019, Apple has been spending around $5 billion yearly to make new shows and movies. But last year, Apple cut $500 million from its content budget, even though its shows are getting more viewers than ever.

Severance recently became Apple’s most-watched show, with over 3 billion minutes streamed, according to Nielsen. Another report said Severance alone helped Apple TV+ gain 2 million new subscribers.

However, Apple TV+ still falls behind bigger competitors like Netflix, Disney+, and Prime Video. Netflix leads with over 301 million subscribers, followed by Disney+ with about 125 million and Warner Bros Discovery with nearly 117 million. Apple TV+ is estimated to have about 40.4 million subscribers.

Apple has not shared an official comment yet.

#AppleTVPlus #StreamingNews #Severance #AppleStreamingLoss #TedLasso #TheMorningShow #StreamingWar

Pooja Sharma

Recent Posts

“Warda Nadiadwala Defends Salman’s Sikandar, Reddit Reacts”

Sajid Nadiadwala and Salman Khan have worked together on many hit films like Kick and…

1 hour ago

“Raid 2 Teaser Out: Ajay Devgn Leads The Action!”

The wait is finally over! The teaser for Raid 2 is here, and it’s packed…

1 hour ago

Rome Flynn’s Frank Lucas Stuns In ‘Godfather Of Harlem’ Trailer”

The trailer for Season 4 of Godfather of Harlem is finally here! The MGM+ original…

3 hours ago

“How To Watch Apple TV+ Shows Legally In India”

Apple TV+ has finally made its way to India in a bigger way! The streaming…

21 hours ago

Tamanna Katoch Steals The Show, Outshines Janhvi Kapoor!

Janhvi Kapoor, daughter of Bollywood legend Sridevi, was the showstopper at Rahul Mishra’s Lakmé Fashion…

1 day ago

“Govinda’s Son Yashvardhan On His Bollywood Debut Advice”

2025 has been an exciting year with many star kids making their Bollywood debut. Raveena…

1 day ago