Tech expert Sean Udall told Benzinga “there is little doubt that Apple is building a pay-TV service of some kind, but he doesn’t expect the company to compete with the likes of Comcast Corporation,” Louis Bedigian reports for Benzinga. “He said the bundle — particularly those that include Internet, cable and phone services — is the best entertainment deal available.”
“‘It’s a great deal,’ said Udall. ‘If you try to replicate that, especially if you need [specific] channels… I want Bloomberg and CNBC. I want certain sports channels [and] pay channels. To replicate that without a cable bundle, I guarantee it would cost me more, especially if I want a phone and 100-meg Internet service,'” Bedigian reports. “Udall expects Apple to target Netflix, Inc. instead.”
Bedigian reports, “My view has always been they bring Netflix on steroids,” Udall said of Apple’s plans. He does not think it would be very difficult for Apple to acquire 60 to 70 percent of the content already present on other streaming services, which is not exclusive.”
Read more in the full article here.
MacDailyNews Take: Netflix is down 8 percent today. Aside from the pervasive China contagion, perhaps investors are getting worried about Netflix’s future growth prospects for some reason?
SEE ALSO:
Just because Apple may be getting into original content doesn’t mean it can produce good shows – September 1, 2015
Apple made ‘audacious bid’ for Top Gear trio of Clarkson, Hammond and May, but lost out to Bezos’ Amazon – September 1, 2015
Apple’s move into content creation could devastate Netflix and Amazon
Tuesday, September 1, 2015
Why would Apple want to make their own movies and TV shows? – September 1, 2015
Apple exploring entry into original entertainment production – August 31, 2015
There is something wrong with the system of speculation.
Regardless it’s all a guessing game. We will know in a few days and it will be great. Just repeat that.
The purpose of the tech blogosphere most of the year is to create a very defined set of very advanced features that will be added to every Apple product so that when an actual Apple Event occurs there is zero chance it will meet expectations, so that after the announcements, which include many very good things, but not the wild speculation, the stock can go down even more than the ridiculous decline caused by the Financial bloggers who create bizarre expectations for Apple financials.
Another “would be, could be” article. Don’t know why I keep clicking on them.
No harm, Spark. Just don’t click on the “should be” articles.
Netflix entered the Japanese market today. That’s why the stock is down. Hulu has struggled in Japan.
….or it could be ‘Apple Music on video’.
I waa auto renewed for iTunes Match. Why? I’m not sure. I have an Apple Music subscription free trial end coming up soon. Why do I need Match? Where are my songs? Do I have any albums? Where are the Apple Music songs located in my library?
I’m lost. Not hopeless. Just lost.
At this point anything new from Apple is slightly unnerving.
AAPL was down 4 1/2% today. Every fucking thing was down today! Including Netflix . Jeez!
I like Netflix, where else can you watch “Nude Nuns With Big Guns” with no commercial interruptions?
Yes, and their rifles were big, to….!
Netflix also recently lost or got rid of Epix and loosing movies.
Time to drop the phrase, “On steroids.”
Lost its meaning long ago. Sloppy thinking, reaching for a worn-out cliche. You can’t trust writers who use it anymore, unless they’re reporting on professional sports.