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Apple says ‘it’s show time’ March 25: TV service announcement expected

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Apple Inc on Monday invited media to a March 25 event at the Steve Jobs Theater on its campus in Cupertino, California, where it is expected to launch a television and video service.

Sources previously told Reuters that the company is targeting April for the launch of a streaming television service that will likely include subscription TV service. Apple often launches products and services in the weeks following an event.

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In its invitation, Apple did not specify the focus of the event and gave a single-line description: “It’s show time.”

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. Sources familiar with the matter earlier told Reuters that the service may resell subscriptions from CBS Corp, Viacom Inc and Lions Gate Entertainment Corp’s Starz among others, as well as Apple’s own original content

The TV service is expected to launch globally, an ambitious move to rival services from Netflix Inc and Amazon.com Inc’s Prime Video. Apple’s App Store, where the service is likely to be distributed, is currently available in more than 100 countries.

Apple has long hinted at a planned video service, with Chief Executive Tim Cook speaking openly about the company’s interest on earnings calls with investors but declining to give any details about what the service might look like.

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The potential sales from a television service have become a focus of investors after Apple in January reported the first-ever dip in iPhone sales during the key holiday shopping period and said it would lower iPhone prices in some markets to account for foreign exchange rates.

Apple aims to bring together its own shows into one central location with content from media companies, saving iPhone and other Apple device users from having to juggle multiple apps for those channels, sources earlier told Reuters.

Apple is aiming to resell TV channels subscriptions similar to Amazon, whose Prime Video Service resells Starz and other channels and keeps a cut of the sales.

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Apple is also in discussions with HBO, part of AT&T Inc-owned WarnerMedia, to become part of the service and it could yet make it in time for the launch, according to a person familiar with the matter.

Reporting by Stephen Nellis in San Francisco and Kenneth Li in New York; editing by Leslie Adler and Jonathan Oatis

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Enjoy this piece?

… then let us make a small request. Like you, we here at Raw Story believe in the power of progressive journalism — and we’re investing in investigative reporting as other publications give it the ax. Raw Story readers power David Cay Johnston’s DCReport, which we've expanded to keep watch in Washington. We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. We’ve revealed financial scams that prey on veterans, and efforts to harm workers exploited by abusive bosses. We’ve launched a weekly podcast, “We’ve Got Issues,” focused on issues, not tweets. Unlike other news sites, we’ve decided to make our original content free. But we need your support to do what we do.

Raw Story is independent. You won’t find mainstream media bias here. We’re not part of a conglomerate, or a project of venture capital bros. From unflinching coverage of racism, to revealing efforts to erode our rights, Raw Story will continue to expose hypocrisy and harm. Unhinged from corporate overlords, we fight to ensure no one is forgotten.

We need your support to keep producing quality journalism and deepen our investigative reporting. Every reader contribution, whatever the amount, makes a tremendous difference. Invest with us in the future. Make a one-time contribution to Raw Story Investigates, or click here to become a subscriber. Thank you.



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Trump bashed for babbling about the weather during G7 appearance with France’s Macron: ‘Out of his depth’

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On MSNBC's "Up with David Gura," Princeton University African American studies professor Eddie Glaude harshly criticized President Donald Trump for his inability to discuss world issues at the G7 summit, saying that not only is he unprepared for diplomatic negotiations, he doesn't even understand how alliances work in general.

"Eddie, let's talk about the definitional evolution we've seen of that term, 'allies,'" said Gura. "How much of alliance has changed as a result of President Trump's role on the world stage ... How is our notion of what an ally is and what an alliance is changed?"

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Britain’s Prince Andrew denies witnessing Epstein abuse

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Britain's Prince Andrew insisted on Saturday that "at no stage" during his friendship with convicted paedophile Jeffrey Epstein did he "witness... any behavior of the sort that subsequently led to his arrest".

The prince, Queen Elizabeth II's second son, is under heavy fire over his relationship with the disgraced US financier, and admitted in a statement on Saturday that "it was a mistake and an error to see him after his release in 2010".

"At no stage during the limited time I spent with him did I see, witness or suspect any behavior of the sort that subsequently led to his arrest and conviction."

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Trump’s mental decline compared to Reagan’s hidden Alzheimer’s in brutal MSNBC assessment

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On Saturday morning a deadly serious MSNBC panel took up Donald Trump's increasingly erratic behavior of late, which led one panelist to sincerely suggest the president needs to be evaluated by mental health officials because she believes the White House is covering for him.

Speaking with host David Gura, MSNBC legal analyst Maya Wiley admitted that she is no doctor, but that there are signs of the president's decline that reminded her of how Ronald Reagan's White House hid his Alzheimer's from the public.

"This is the man last week said he was the second coming, the 'chosen one,'" Wiley began. "It is very, very difficult to not have a conversation about whether or not he's competent to serve as president. I say that because there were actually objective measures this week."

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