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
Auto-generated excerpt
Auto-generated excerpt
Fubar Season 2, which came out on June 12, 2025, has impressed fans with its…
After the heartbreaking Air India plane crash near Ahmedabad on June 12, which took the…
Singer and rapper Jackson Wang is in India again, and fans were excited to know…
Grihapravesh is a visually beautiful film that tells a deep and emotional story. Directed by…