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Is Apple’s TV venture bad news for Walt Disney?

Tim Cook at the Apple launch event with the Apple TV Plus logo in the background

US tech giant Apple launched its streaming service Apple TV+ at a star studded event in its Cupertino headquarters on Monday 25 January. The service will host the group’s own portfolio of content, while its revamped Apple TV service will bundle together many TV channels in a Netflix-style platform. Should its competitors be worried?


Apple’s product launch event was a bit like a glimpse into dystopian future where the world is run by robots, everyone is impeccably dressed and impossibly impressed with everything the robots throw at them.

Apple (US: AAPL) is a great business, but its “show” to “launch” its new TV service (or relaunch Netflix) was unbelievably irritating. Either Apple developers have never used Netflix (US: NFLX) and it is a remarkable coincidence that their streaming platform…

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