Report: Apple TV+ content reaches $6 billion


9 to 5 Mac:

Ahead of the launch of Apple TV+ this fall, a new report from The Financial Times offers new details on Apple’s investment in streaming media. According to the report, Apple’s spending for original TV shows and movies has spiked to over $6 billion.

Netflix spends $15 billion a year, but Financial Times speculates that the structure of Apple's deals may be more attractive with content creators. The key difference reportedly is Apple's deals are structured to pay out earlier.

This week Disney Plus got a November 12 release date and the report figures Apple will try to launch ahead of Disney's streaming service. No pricing is available yet on Apple TV+.