Apple reportedly launching its video service in April sans Netflix and HBO

Apple reportedly launching its video service in April sans Netflix and HBO

Apple reportedly launching its video service in April sans Netflix and HBO

According to the current info, this new service will cost $10 per month and will allow Apple customers to have access to content from a variety of news outlets.

In that scenario, the Apple event will take place on Tuesday 26 March 2019. However, the company has been butting heads with publishers over monetary details-Apple reportedly wants to keep 50 percent of subscription revenue from the service.

Apple is known to be working on a video content platform that could include original TV shows and films, as well as a separate media subscription service that would allow unlimited access to magazines - just like the Texture app it acquired a year ago. It'll be a premium product within Apple News, according to an earlier Bloomberg report.

It's the season of video streaming, as important companies announced or plan to launch such services in the coming months. Yesterday, Buzzfeed News reported the company was holding this event to introduce a subscription news product, but it also seems like the timing would work to introduce its video subscription service as well.

Beyond music, Apple's next big push into services centers on TV, and in particular, original programming.

The Cupertino, California-based technology giant is planning a March 25 event to announce both services, according to people familiar with the plan. "That's with just what YouTube monetizes and doesn't include [the ads and sponsorships] that we sell", he said. The New York Times and the Washington Post are said to be among the publishers that are not happy with Apple's terms.

We've heard the date of 29 March before, but in our estimations we also think that it is likely Apple will host the event closer that date, with a much leaner pre-order period.

But this new service would combine content from news services who lock their content behind a paywall.

Apple has long hinted at a planned video service, spending $2 billion in Hollywood to produce its own content and signing major stars such as Oprah Winfrey.

Apple declined comment Wednesday when contacted by Deadline.

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